Study on Debt Structure, Ownership Structure and Solvency: Based on Automobile Listed Companies

DOI

10.2991/emcm-15.2016.85How to use a DOI?

Keywords

Capital structure; Solvency; Automobile industry; Factor analysis; Correlation analysis

Abstract

With the development of the capital market and the more vigorous market competitions, the debt management is generally adopted by many enterprises. Debt management not only solves the shortage of funds for enterprises, but also has many risks such as increases the pressure on corporate debt and even leads to the bankruptcy liquidation. Based on the above analysis, this paper concentrated on the study of listed company’s debt structure, ownership structure, solvency and their relationship. Firstly, it builds the evaluation index system of debt structure, ownership structure and solvency based on the theoretical analysis; Secondly, it selects China's auto industry listing Corporation as empirical sample and gets the formula of structure debt structure, ownership structure and solvency through factor analysis and principal component analysis; Thirdly, it studies the relationship among debt structure, ownership structure and solvency by using correlation analysis performed in SPSS software; Lastly, it arrives at the conclusion of this study and gives advices on the choice of listing Corporation finance mode of China's automobile industry and the improvement of their solvency.

Copyright

© 2016, 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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TY  - CONF
AU  - Jie Liu
AU  - Mingran Deng
PY  - 2016/02
DA  - 2016/02
TI  - Study on Debt Structure, Ownership Structure and Solvency: Based on Automobile Listed Companies
BT  - Proceedings of the International Conference on Electronics, Mechanics, Culture and Medicine
PB  - Atlantis Press
SP  - 453
EP  - 457
SN  - 2352-538X
UR  - https://doi.org/10.2991/emcm-15.2016.85
DO  - 10.2991/emcm-15.2016.85
ID  - Liu2016/02
ER  -