Proceedings of the International Academic Conference on Frontiers in Social Sciences and Management Innovation (IAFSM 2019)

Research on Optimization and Innovation Drive of State-Owned Enterprise Debt Structure Under the Background of Supply-Side Reform

Authors
Yao Xie
Corresponding Author
Yao Xie
Available Online 17 February 2020.
DOI
10.2991/assehr.k.200207.062How to use a DOI?
Keywords
deleverage, state-owned enterprise, debt structure optimization, asset liability rate
Abstract

This paper studies the current situation of the imperfect debt structure of China’s state-owned enterprises under the new normal, leading to high leverage, high debts that are difficult to reduce, and the innovation-driven role of supply-side reforms of “three eliminations, one reduction, and one supplementation” on the optimization of state-owned enterprise debt structures. From 2012 to 2018, the comparison and trend analysis of asset-liability ratios of Chinese state-owned enterprises and industries as a whole revealed that the problem of high leverage is still difficult to reduce after three years of supply-side reform. Then, the principal component analysis method was used to explore the supply-side reform measures and The relationship between the debt structure of state-owned enterprises and an optimization and innovation path. The above research not only enriches the theoretical framework of mutual promotion between supply-side reform and state-owned enterprise reform, but also provides some reference for the optimization of state-owned enterprise debt structure.

Copyright
© 2020, 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 International Academic Conference on Frontiers in Social Sciences and Management Innovation (IAFSM 2019)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
17 February 2020
ISBN
10.2991/assehr.k.200207.062
ISSN
2352-5398
DOI
10.2991/assehr.k.200207.062How to use a DOI?
Copyright
© 2020, 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  - Yao Xie
PY  - 2020
DA  - 2020/02/17
TI  - Research on Optimization and Innovation Drive of State-Owned Enterprise Debt Structure Under the Background of Supply-Side Reform
BT  - Proceedings of the International Academic Conference on Frontiers in Social Sciences and Management Innovation (IAFSM 2019)
PB  - Atlantis Press
SP  - 401
EP  - 406
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.200207.062
DO  - 10.2991/assehr.k.200207.062
ID  - Xie2020
ER  -