Proceedings of the 2017 9th International Economics, Management and Education Technology Conference (IEMETC 2017)

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Influence Research of Capital Structure on Performance of Listed Real Estate Enterprises in China

Authors
Xinxin Jing
Corresponding Author
Xinxin Jing
Available Online July 2017.
DOI
10.2991/iemetc-17.2017.38How to use a DOI?
Keywords
Assets liabilities ratio, EVA, Financing model, Inverse U-shaped structure
Abstract

Since the implementation of commercial housing reform, the real estate industry has entered a stage of rapid development. As the real estate industry takes up a large amount of capital, it is becoming the pillar industry of our country. In this paper, the regression model of two-stage panel is used to analyze the impact of capital structure on the performance of real estate management. The paper comprehensively utilizes the data of Shenzhen, Shanghai and Hongkong listed real estate enterprises, makes an empirical study on the influence of capital structure on the management performance of the real estate enterprises, and obtains the transformation of management performance of the real estate enterprises in different conditions of capital structures. It verifies the inverse U-shaped structure of the capital structure on the management performance of the real estate enterprises and obtains the optimal interval result of the capital structure ranges from 60% to 85%. According to the current situation of the capital structure of the listed real estate enterprises in China, we also conclude that the Asset liability ratios of the enterprises are relatively low.

Copyright
© 2017, 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/).

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Volume Title
Proceedings of the 2017 9th International Economics, Management and Education Technology Conference (IEMETC 2017)
Series
Advances in Economics, Business and Management Research
Publication Date
July 2017
ISBN
978-94-6252-382-1
ISSN
2352-5428
DOI
10.2991/iemetc-17.2017.38How to use a DOI?
Copyright
© 2017, 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

risenwbib
TY  - CONF
AU  - Xinxin Jing
PY  - 2017/07
DA  - 2017/07
TI  - Influence Research of Capital Structure on Performance of Listed Real Estate Enterprises in China
BT  - Proceedings of the 2017 9th International Economics, Management and Education Technology Conference (IEMETC 2017)
PB  - Atlantis Press
SP  - 181
EP  - 185
SN  - 2352-5428
UR  - https://doi.org/10.2991/iemetc-17.2017.38
DO  - 10.2991/iemetc-17.2017.38
ID  - Jing2017/07
ER  -