OPTIMAL CAPITAL STRUCTURE AND CORPORATE PERFORMANCE:THE CASE OF INFORMATION TECHNOLOGY INDUSTRIAL COMPANIES IN CHINA
Journal Title: Topics in Economics, Business and Management (EBM) - Year 2017, Vol 1, Issue 1
Abstract
To research the optimal capital structure for corporate performance of information technology industry, the paper used three aspects to represent the capital structure, chose the information technology companies as samples, and constructed a quadratic function model to verify the relevant assumptions. The results state that Chinese companies in information technology industry have the optimal asset-liability ratio, the current liabilities ratio affects the their performance negatively, the concentration of ownership has an positive effect on the corporate performance, therefore companies should consider the mixture of equity and debt .The results will be used to research the optimal capital structure in other industries and countries.
Authors and Affiliations
Jiahui Wu
Keywords
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- EP ID EP412809
- DOI 10.26480/icemi.01.2017.159.161
- Views 71
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