Proceedings of the 2013 International Conference on Advances in Social Science, Humanities, and Management

An Analysis of the Factors Affecting Debt Financing Structure--Empirical Evidence from Chinese Listed Companies

Authors
Bo Yan
Corresponding Author
Bo Yan
Available Online December 2013.
DOI
10.2991/asshm-13.2013.173How to use a DOI?
Keywords
debt financing; debt maturity structure; influencing factors
Abstract

This paper explores the factors affecting the Chinese listed companies debt financing and examines them using the data of Chinese listed companies. The evidence suggests that company size, the company's growth opportunities, the fixed asset ratio and free cash flow have a significant impact both on the company's maturity structure of debt financing and the type and source of it. It provides the basis for corporate to arrange the debt covenants and select financing structure reasonably.

Copyright
© 2013, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2013 International Conference on Advances in Social Science, Humanities, and Management
Series
Advances in Intelligent Systems Research
Publication Date
December 2013
ISBN
10.2991/asshm-13.2013.173
ISSN
1951-6851
DOI
10.2991/asshm-13.2013.173How to use a DOI?
Copyright
© 2013, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Bo Yan
PY  - 2013/12
DA  - 2013/12
TI  - An Analysis of the Factors Affecting Debt Financing Structure--Empirical Evidence from Chinese Listed Companies
BT  - Proceedings of the 2013 International Conference on Advances in Social Science, Humanities, and Management
PB  - Atlantis Press
SP  - 930
EP  - 935
SN  - 1951-6851
UR  - https://doi.org/10.2991/asshm-13.2013.173
DO  - 10.2991/asshm-13.2013.173
ID  - Yan2013/12
ER  -