DocumentCode
2822663
Title
An Analysis of Corporation Debt Financing Based on the Comparison with Equity
Author
Liu, Yang
Author_Institution
Sch. of Econ. & Manage., Changsha Univ. of Sci. & Technol., Changsha, China
Volume
2
fYear
2009
fDate
24-26 April 2009
Firstpage
554
Lastpage
557
Abstract
Debt and equity financing are two main modes of corporation external financing. Over the recent years, corporations in China favor equity financing. Based on a comparison between the two financing modes, this paper analyses the advantages of debt financing. There are at least five advantages debt financing, such as financing costs, avoiding equity dilution, financial leverage, constraints to the management and anti-takeover.
Keywords
financial management; corporation debt finance analysis; equity financing; Conference management; Costs; Ethics; Financial management; Hazards; Investments; Risk analysis; Risk management; Technology management; Uncertainty;
fLanguage
English
Publisher
ieee
Conference_Titel
Computational Sciences and Optimization, 2009. CSO 2009. International Joint Conference on
Conference_Location
Sanya, Hainan
Print_ISBN
978-0-7695-3605-7
Type
conf
DOI
10.1109/CSO.2009.92
Filename
5194014
Link To Document