Proceedings of the International Conference on Management, Computer and Education Informatization

Study of Debt Financing of GEM Listed Companies in China

Authors
Ran Liu, Jihui Sun
Corresponding Author
Ran Liu
Available Online June 2015.
DOI
https://doi.org/10.2991/mcei-15.2015.93How to use a DOI?
Keywords
Debt financing; GEM listed companies; Internal financing; External financing; Corporate governance
Abstract
Small and medium enterprises (SMEs) have a major role in contributing towards long-term economic growth and employment. The objective of this paper is to investigate the influencing factors of debt financing for the GEM listed companies in China. The current status of debt financing for GEM listed companies was analyzed, and highlights current policies and measures supporting the debt financing for GEM listed companies in China. By learning the experience and successful practices, some measures and suggestions on policy for improving the debt financing efficiency of GEM listed companies was proposed. The study shows that over-investment increases debt financing of a company, while an increasing new debt-financing restrains over-investment of the company. The study is of great help to gain a better understanding of debt financing of GEM listed companies in China and effectively obtain debt financing through external and internal debt financing for GEM listed companies in China by improving the internal corporate governance and external creditors governance, optimizing the structure of corporate finance
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Proceedings
International Conference on Management, Computer and Education Informatization
Part of series
Advances in Computer Science Research
Publication Date
June 2015
ISBN
978-94-6252-118-6
ISSN
2352-538X
DOI
https://doi.org/10.2991/mcei-15.2015.93How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Ran Liu
AU  - Jihui Sun
PY  - 2015/06
DA  - 2015/06
TI  - Study of Debt Financing of GEM Listed Companies in China
BT  - International Conference on Management, Computer and Education Informatization
PB  - Atlantis Press
SN  - 2352-538X
UR  - https://doi.org/10.2991/mcei-15.2015.93
DO  - https://doi.org/10.2991/mcei-15.2015.93
ID  - Liu2015/06
ER  -