Title of article
Capital structure, equity structure, and technical efficiency — empirical study based on China coal listed companies
Author/Authors
Wang، نويسنده , , Yan-li and Liu، نويسنده , , Chuan-zhe، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2009
Pages
6
From page
1635
To page
1640
Abstract
This paper firstly uses Stochastic Frontier Analysis method to measure the technical efficiency of China coal listed companies from 1998 to 2008. Then, it constructs panel data model to empirically test the influence of capital structure and equity structure on technical efficiency. The results reveal that both capital structure and equity structure have an inverse U shape relation with technical efficiency, which is consistent with theoretical analysis.
Keywords
Capital Structure , Technical efficiency , equity structure , coal listed companies
Journal title
Procedia Earth and Planetary Science
Serial Year
2009
Journal title
Procedia Earth and Planetary Science
Record number
2319724
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