Empirical Study on Financing Constraints and Financing Behaviors —Evidence from China’s Internet Listed Companies
- DOI
- 10.2991/icemse-19.2019.62How to use a DOI?
- Keywords
- Internet listed company, financing constraints, financing behavior
- Abstract
The aim of this study was to evaluate internet listed companies’ financing constraints and financing behaviors in China. This paper selected 2012-2018 China’s A-share Internet listed companies as the research example, and uses KZ index model, ordered logistic regression and multiple linear regression research methods with SPSS24. The results show that internet listed companies have difficulty in internal financing, and most use commercial credit financing behavior, and high financing constraints are restricted by bank loans and commercial credit financing. Companies with lower financing constraints use more internal financing. As there is a lack of research on internet companies’ financing constraints, this research provides a reference for easing financing constraints and adopting more reasonable financing behaviors.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Haihong Li AU - Jiting Xu PY - 2019/09 DA - 2019/09 TI - Empirical Study on Financing Constraints and Financing Behaviors —Evidence from China’s Internet Listed Companies BT - Proceedings of the 2019 3rd International Conference on Education, Management Science and Economics (ICEMSE 2019) PB - Atlantis Press SP - 271 EP - 274 SN - 2352-5428 UR - https://doi.org/10.2991/icemse-19.2019.62 DO - 10.2991/icemse-19.2019.62 ID - Li2019/09 ER -