Choice of Timing of Corporate Debt Financing

Linan Wang, Jingrong Li

Abstract

According to the current corporate debt financing inappropriate timing of the situation, through the research on the history of the development of finance theory review, found that listed companies can be trade-off theory and market timing theory combined with the financing decisions on the timing.Capital structure analysis of the trade-off theory as a reference of the major factors and market timing as auxiliary reference factors, more beneficial to accurately determine the timing of debt financing. Break through the past only through a theory to analyze the timing of the financing of the current situation, make the analysis more comprehensive, more convincing.

References

  1. Guixin,Han.,2006.Selection of optimal capital structure. Modern Management Science4:31-32.
  2. Lanbiao,Liu.&Gongmin,Li.,2012.Chinese applicability of market timing theory -- Empirical Analysis Based on listed companies from 1998 to 2003. Finance And Economics Research 11:17-28.
  3. Zhiqiang,Wang.&Bo,Li.,2009.TPO market timing persistent effect on corporate capital structure. Securities Market Herald 3:69-74.
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Paper Citation


in Harvard Style

Wang L. and Li J. (2016). Choice of Timing of Corporate Debt Financing . In ISME 2016 - Information Science and Management Engineering IV - Volume 1: ISME, ISBN 978-989-758-208-0, pages 74-78. DOI: 10.5220/0006444000740078


in Bibtex Style

@conference{isme16,
author={Linan Wang and Jingrong Li},
title={Choice of Timing of Corporate Debt Financing},
booktitle={ISME 2016 - Information Science and Management Engineering IV - Volume 1: ISME,},
year={2016},
pages={74-78},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0006444000740078},
isbn={978-989-758-208-0},
}


in EndNote Style

TY - CONF
JO - ISME 2016 - Information Science and Management Engineering IV - Volume 1: ISME,
TI - Choice of Timing of Corporate Debt Financing
SN - 978-989-758-208-0
AU - Wang L.
AU - Li J.
PY - 2016
SP - 74
EP - 78
DO - 10.5220/0006444000740078