Research on the Relationship between Capital Structure and Enterprise Value of the Sci-tech Enterprises

DOI

https://doi.org/10.2991/mcei-16.2016.126How to use a DOI?

Keywords

Capital structure; Enterprise value; GEM high-tech enterprises; Factor analysis

Abstract

Recently, the competitiveness and innovation of science and technology have become an important index to measure the comprehensive ability of the country. Firstly, based on the respective theoretical origin, this paper uses the description statistical analysis method to analysis the capital structure and enterprise value of science and technology enterprises from 2012 to 2014. Then, identify the assets and liabilities rate, long-term debt rate, the correlation between the current debt ratio and corporate value through the regression analysis. Finally, according to the results of empirical analysis, the enterprise external financing environment and optimization of enterprise internal governance structure is proposed to maximize the enterprise value.

Copyright

© 2017, 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  - Juan Deng
PY  - 2016/12
DA  - 2016/12
TI  - Research on the Relationship between Capital Structure and Enterprise Value of the Sci-tech Enterprises
BT  - Proceedings of the 2016 6th International Conference on Mechatronics, Computer and Education Informationization (MCEI 2016)
PB  - Atlantis Press
SP  - 605
EP  - 609
SN  - 1951-6851
UR  - https://doi.org/10.2991/mcei-16.2016.126
DO  - https://doi.org/10.2991/mcei-16.2016.126
ID  - Deng2016/12
ER  -