Font Size: a A A

The Relationship Between Capital Structure And Performance Of SMEs In The Empirical Research

Posted on:2011-09-05Degree:MasterType:Thesis
Country:ChinaCandidate:R LiFull Text:PDF
GTID:2189360305463494Subject:Business management
Abstract/Summary:PDF Full Text Request
In 2007, the financial crisis, began in the U.S. "sub-prime mortgage crisis" the ultimate evolution in the Western developed countries, swept the world. The crisis exposed the problem, but also makes the firm's capital structure and the relationship between performance once again become a hot spot. As part of economic globalization, China, and deeply impact of this economic crisis, especially the most dynamic small and medium enterprises. China's SMEs are often too high or too low in debt, capital structure, lack of flexibility, and equity through the higher concentration of problems, the face of profound changes in the market environment, many enterprises toward the dilemma. How rational and effective use of the capital structure theory research, to help the SMEs select the capital structure and improve business efficiency, and then went out of trouble? The capital structure based small and medium enterprises and performance of the situation of City Anyang, use the advanced western experience and academic research,and use the theoretical analysis and statistical analysis and the cause and effect analysis,to find a way the enterprises to improve performance proposal and find a way to our countries to offer support SMEs.The article is divided into six parts:Part I:Introduction. Mainly described the research background, purpose and significance of the study, subjects, research situation, this paper studies the structure and ideas. Part II:theoretical basis. Mainly introduces the study of the relationship between capital structure and corporate performance have important guiding significance to the theory, laying the groundwork for the later empirical analysis. Part III: Sample the status quo. Introduction Anyang City, the capital structure and performance of SMEs in the relationship between the status quo. Part IV:empirical analysis. Anyang City rent according to the system of data and survey data,...
Keywords/Search Tags:Small-and-medium-sized, Enterprises, Capital Structure Performance
PDF Full Text Request
Related items