Empirical Analysis on Capital Structure of Listed Steel Companies in Hebei Based on Risk Model

摘要：

With the deepening of financing behavior of Hebei Iron and Steel Company, the enterprises capital structures are constantly changing. The composition of corporate capital structure reflects on the future level of return and risk recognition. In this paper, risk preference model is applied to analyze the capital structure of listed steel companies in Hebei, and the evolution of the capital structure is studied considering the risk factors. The actual capital structure of Tang Steel Shares is taken as example to analyze the risk preference of listed steel companies in Hebei.

关键词： steel enterprises capital structure risk model financing preference

作者: DING Chao REN Feng

作者单位: School of Management and Engineering, Shijiazhuang University of Economics, Shijiazhuang, Hebei, P.R School of Business and Administration, North China Electric Power University, Baoding, Hebei,P.R.Chi

会议类型: 国际会议

会议名称: The 3rd International Institute of Statistics & Management Engineering Symposium(2010 国际统计与管理工程研讨会 IISMES)

会议地点: 威海

会议语种:英文

页码: 548-553

在线出版日期: 2010-07-24（万方平台首次上网日期，不代表论文的发表时间）