Inventory Investment, Financial Leverage and Firm Performance: Evidence from Chinese Listed Companies of Real Estate

被引：0
|
作者：
Huang, Shuo [1 ]
机构：
[1] Fuzhou Univ, Sch Econ & Management, Fuzhou 350116, Fujian, Peoples R China
来源：
3RD INTERNATIONAL CONFERENCE ON E-COMMERCE AND CONTEMPORARY ECONOMIC DEVELOPMENT (ECED 2017) | 2017年
关键词：
Investment Inventory; Total Liabilities; Financial Leverage; Financial Performance; Market Performance;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
According to the descriptive statistical analysis and empirically test based on samples of 2007-2015 Chinese listed companies of real estate, I find that the inventory accounted for more than half of the total amount of assets and increased heavily; the inventory investment turnover is slow, the asset-liability ratio is higher; ZZR, ZFZ and YXFZ have a significantly negative effect on ROA; SYXY and YHXY have a significantly positive effect on ROA; CTC, ZFZ, YXFZ, SYXY and YHXY have a significantly negative effect on TBQ; ZZR has a significantly positive effect on TBQ. These findings show that the "destocking" and "deleveraging" will help to improve the financial performance and market performance of Chinese listed companies of real estate.
引用
收藏
页码：382 / 386
页数：5
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