IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-642-38433-2_32.html
   My bibliography  Save this book chapter

Empirical Analysis on Influencing Factors to the Capital Structure of GEM Board Listed Companies in China

In: The 19th International Conference on Industrial Engineering and Engineering Management

Author

Listed:
  • Shi-chang Lu

    (Liaoning Technical University)

  • Xue Luo

    (Liaoning Technical University)

Abstract

Taking the GEM (Growth Enterprises Market) Board listed company in China as research subjects, using factor analysis and regression analysis methods, this article analyzes influencing factors of the capital structures. The result shows that: there is negative relationship between the operation situation, operation security, operation efficiency and capital structure, that is, the profitability, cash flow, debt-paying ability and operating ability of the company are negatively related to capital structure; while there is positive relationship between operating prospect, operating ability and capital structure, that is, the scale, growth potential and mortgage assets are positively related to capital structure.

Suggested Citation

  • Shi-chang Lu & Xue Luo, 2013. "Empirical Analysis on Influencing Factors to the Capital Structure of GEM Board Listed Companies in China," Springer Books, in: Ershi Qi & Jiang Shen & Runliang Dou (ed.), The 19th International Conference on Industrial Engineering and Engineering Management, edition 127, chapter 0, pages 295-301, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-38433-2_32
    DOI: 10.1007/978-3-642-38433-2_32
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-642-38433-2_32. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.