DocumentCode
2367445
Title
The effect of the property structure on the company´s debt financing
Author
Li, Yunda
Author_Institution
Sch. of Accounting, Jiangsu Teachers Univ. of Technol., Changzhou, China
Volume
2
fYear
2010
fDate
June 29 2010-July 1 2010
Firstpage
132
Lastpage
135
Abstract
The paper empirically studies the relationship between debt financing and market valuation under the different property structures. We find that property right has a strong impact on the corporation´s finance practices. The influence of the debt to the company value in the state-owned firms is rather faint than in the non-state-owned firms. It indicates that in order to increase the company value of the state-owned firms, debt financing should play an important role.
Keywords
cost accounting; financial management; company value; corporation finance practices; debt financing; market valuation; property structure effect; state-owned firms; Biological system modeling; Companies; Databases; Educational institutions; Industries; company value; debt financing; property structure;
fLanguage
English
Publisher
ieee
Conference_Titel
Communication Systems, Networks and Applications (ICCSNA), 2010 Second International Conference on
Conference_Location
Hong Kong
Print_ISBN
978-1-4244-7475-2
Type
conf
DOI
10.1109/ICCSNA.2010.5588912
Filename
5588912
Link To Document