Research on Capital Structure of Listed Companies in the Growth Enterprise Market (GSM)

DOI

10.2991/assehr.k.210728.003How to use a DOI?

Keywords

Growth Enterprise Market, Capital Structure, Perfection Measures

Abstract

Growth Enterprise Market (GEM) enriches the structure of China’s capital market. As an important supplement to the main board market, it starts a new journey for the securities market. The discussion of the capital structure of China’s GEM listed companies is of great significance to improve the development dilemma of Growth Enterprise Market companies. This paper took 794 GEM listed companies as samples to explore their current situation of capital structure. By analyzing their financial ratio of related financial indicators, this paper reveals their problems of low asset-liability ratio and liability structure in capital structure and analyzes the reasons behind, then gives some counter measurements based on China’s conditions, such as optimizing the enterprise’s financing structure, adjusting the debt structure and improving the ability of internal financing of the enterprise, in the hope that the research of this paper can provide references to the optimization of capital structure of GEM listed companies.

Copyright

© 2021, 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  - Yurong Gao
PY  - 2021
DA  - 2021/07/29
TI  - Research on Capital Structure of Listed Companies in the Growth Enterprise Market (GSM)
BT  - Proceedings of the 2021 2nd International Conference on Modern Education Management, Innovation and Entrepreneurship and Social Science (MEMIESS 2021)
PB  - Atlantis Press
SP  - 12
EP  - 19
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210728.003
DO  - 10.2991/assehr.k.210728.003
ID  - Gao2021
ER  -