An Empirical Study on the Impact of Debt to Equity Swap on Enterprise Performance

DOI

10.2991/978-94-6463-030-5_114How to use a DOI?

Keywords

Debt To Equity Swap; Financial Performance; Leverage Ratio

Abstract

By collecting and sorting out the enterprises that officially launched debt to equity swap from 2016 to 2019, and using their company data, this paper empirically analyzes the relationship between debt to equity swap and financial performance. The study finds that debt to equity swap can significantly improve the financial performance of enterprises. By combing the impact path of debt to equity swap on financial performance, this paper makes an empirical test and enriches the relevant literature of market-oriented debt to equity swap, It is of great significance to deeply understand the impact of debt to equity swap on enterprise financial performance.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Download article (PDF)

TY  - CONF
AU  - Chen Zhang
AU  - Yixuan Tong
PY  - 2022
DA  - 2022/12/20
TI  - An Empirical Study on the Impact of Debt to Equity Swap on Enterprise Performance
BT  - Proceedings of the 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022)
PB  - Atlantis Press
SP  - 1136
EP  - 1142
SN  - 2589-4919
UR  - https://doi.org/10.2991/978-94-6463-030-5_114
DO  - 10.2991/978-94-6463-030-5_114
ID  - Zhang2022
ER  -