Evaluation on the Financing Cost of Listed Companies in China
- DOI
- 10.2991/icemse-19.2019.69How to use a DOI?
- Keywords
- core competitiveness, financial analysis system, application
- Abstract
In the light of the phenomenon that our country’s listed companies prefer equity financing, a financing cost measurement index system with perspectives of operating risk, financial risk, operating efficiency and development potential is established according to the nature of financing cost in this paper. And efforts are made to assess the application value of the system. The empirical results of 44 listed companies in Shanghai and Shenzhen stock markets show that the most influential factor for corporate financing cost is the operating risk, followed by financial risk and operating efficiency and the development potential. The operating risk factor scores bellow -1.17, financial risk below 5, operating efficiency below -2.8 and development potential below 2 points.
- Copyright
- © 2019, 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 - Xiaojun Deng AU - Yixin Wang PY - 2019/09 DA - 2019/09 TI - Evaluation on the Financing Cost of Listed Companies in China BT - Proceedings of the 2019 3rd International Conference on Education, Management Science and Economics (ICEMSE 2019) PB - Atlantis Press SP - 299 EP - 303 SN - 2352-5428 UR - https://doi.org/10.2991/icemse-19.2019.69 DO - 10.2991/icemse-19.2019.69 ID - Deng2019/09 ER -