Abstract: From the perspective of industrial structure
coordination and based on an explicit definition for the connotation of
industrial structure coordination, the synergetic coefficients are used
to measure the coordination degree between three industries' input
structure and output structure, and then the efficacy function method is
employed to comprehensively evaluate the level of China-s industrial
structure optimization. It is showed that Chinese industrial structure
presented a "v-shaped" variation tendency between 1996 and 2008,
and its industrial structure adjustment got obvious achievements after
2003, with the industrial structure optimization level increasing
continuously. However in 2009, the level of China-s industrial
structure optimization declined sharply due to the decreasing
contribution degree of value added structure and energy structure
coordination and the lower coordination degree of value added
structure and capital structure.
Abstract: Capital structure is one of the most important financial
decisions in corporate financing strategy. It involves the choice of
debt and equity level in financing a company-s operations. This study
aims to investigate whether the capital structure choice of Malaysian
electrical and electronic manufacturing companies that are listed in
the Bursa Malaysia can be explained by factors that have been found
by most studies as dominant determinants of capital structure
(company size, profitability, asset tangibility, liquidity and growth).
Using debt ratio as the proxy for capital structure and applying
pooled ordinary least square multiple regression estimation, the
results showed that on average, Malaysian electrical and electronic
manufacturing companies used less debt in funding their business
operations. The findings also showed that size and asset tangibility
has a significant positive relationship with debt level, while liquidity
has a negative significant relationship with leverage.
Abstract: According to the theory of capital structure, this paper uses principal component analysis and linear regression analysis to study the relationship between the debt characteristics of the private listed companies in Jiangsu Province and their business performance. The results show that the average debt ratio of the 29 private listed companies selected from the sample is lower. And it is found that for the sample whose debt ratio is lower than 80%, its debt ratio is negatively related to corporate performance, while for the sample whose debt ratio is beyond 80%, the relationship of debt financing and enterprise performance shows the different trends. The conclusions reflect the drawbacks may exist that the debt ratio is relatively low and having not take full advantage of debt governance effect of the private listed companies in Jiangsu Province.