Analysis on financing structure and default probability of listed companies
نویسندگان
چکیده
This paper studies the relationship between financing structure and probability of default A-share listed companies from 2001 to 2020. The purpose is prevent occurrence ensure healthy development various industries. It found that higher proportion external is, is. impact debt on risk than equity financing. In addition, this tests mediating effect cash flow risk, heterogeneous among regions enterprises. These findings show enterprises must control their structure, optimize allocation resources, reduce default, so as make industries flourish industrial structure.
منابع مشابه
analysis of ruin probability for insurance companies using markov chain
در این پایان نامه نشان داده ایم که چگونه می توان مدل ریسک بیمه ای اسپیرر اندرسون را به کمک زنجیره های مارکوف تعریف کرد. سپس به کمک روش های آنالیز ماتریسی احتمال برشکستگی ، میزان مازاد در هنگام برشکستگی و میزان کسری بودجه در زمان وقوع برشکستگی را محاسبه کرده ایم. هدف ما در این پایان نامه بسیار محاسباتی و کاربردی تر از روش های است که در گذشته برای محاسبه این احتمال ارائه شده است. در ابتدا ما نشا...
15 صفحه اولThe Effect of Investment on the Financing of Listed Companies in Tehran Stock Exchange
In the world and in our country, Iran, many researches have been done in the field of financing, but due to the importance of this issue, it needs more thought and contemplation. Therefore, this study assessed “the impact of investments on financing of companies listed on the Tehran Stock Exchange”. The statistical sample is consisted of companies listed on the Tehran Stock Exchange during a fi...
متن کاملInvestigation on law and economics of listed companies’ financing preference based on complex network theory
In this paper, complex network theory is used to make time-series analysis of key indicators of governance structure and financing data. We analyze scientific listed companies' governance data from 2010 to 2014 and divide them into groups in accordance with the similarity they share. Then we select sample companies to analyze their financing data and explore the influence of governance structur...
متن کاملDebt Financing and Corporate Performance - - Taking the case of China's Listed Companies on Growth Enterprise Market
This article samples 293 listed companies on GEM (Growth Enterprise Market) of Shenzhen Stock Exchange, uses SPSS 17.0 to analyze their annual report data from 2009 to 2011. The results show that corporate performance will increase and then decrease along with the improvement of debt asset ratio, and achieve optimized performance at about 50%-60% of DAR (debt asset ratio); short-term borrowings...
متن کاملEffect of Profitability Indices on the Capital Structure of Listed Companies in Tehran Stock Exchange
The main objective of this research is the index of profitability on the capital structure of listed companies on the Stock Exchange of Tehran. Statistical population consisted of all above companies that 138 companies were selected in time zone of 2011-2014 after screening method (systematic elimination). The research method is descriptive and correlation and study variable is profitability in...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: E3S web of conferences
سال: 2021
ISSN: ['2555-0403', '2267-1242']
DOI: https://doi.org/10.1051/e3sconf/202129202032