Proceedings of the 2022 2nd International Conference on Management Science and Software Engineering (ICMSSE 2022)

A Mathematical Statistics Analysis on Structural Deleveraging and Corporate Risk-Taking—Based on Data of China’s Non-financial Enterprises

Authors
Juan Wang1, *
1Shandong Women’s University, Jinan, Shandong, China
*Corresponding author. Email: Wangjuan369@163.com
Corresponding Author
Juan Wang
Available Online 29 December 2022.
DOI
10.2991/978-94-6463-056-5_4How to use a DOI?
Keywords
Deleveraging; Structural Deleveraging; Risk-taking
Abstract

Affected by deleveraging policies, bank loans and business credit vary widely among enterprises with distinctive characteristics. The fluctuating deleverage ratio affects enterprises’ investment behaviors, which in turn influences their risktaking. This paper takes 2012-2019 listed companies as research samples, establishes multiple linear regression model to analyze the impact of structural deleveraging of non-financial enterprises on corporate risk taking. The research results suggest that structural deleveraging of non-financial enterprises will significantly affect corporate risk-taking. Therefore, the government should continue to implement the "structural deleveraging" policy; Enterprises should strengthen debt transformation in order to reduce the level of corporate debt risk.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 2nd International Conference on Management Science and Software Engineering (ICMSSE 2022)
Series
Atlantis Highlights in Computer Sciences
Publication Date
29 December 2022
ISBN
10.2991/978-94-6463-056-5_4
ISSN
2589-4900
DOI
10.2991/978-94-6463-056-5_4How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Juan Wang
PY  - 2022
DA  - 2022/12/29
TI  - A Mathematical Statistics Analysis on Structural Deleveraging and Corporate Risk-Taking—Based on Data of China’s Non-financial Enterprises
BT  - Proceedings of the 2022 2nd International Conference on Management Science and Software Engineering (ICMSSE 2022)
PB  - Atlantis Press
SP  - 16
EP  - 21
SN  - 2589-4900
UR  - https://doi.org/10.2991/978-94-6463-056-5_4
DO  - 10.2991/978-94-6463-056-5_4
ID  - Wang2022
ER  -