英语论文网

Literature Review

Foreword前言

As one of various sources of funding in an enterprise, borrowing not only affects the financial cost and financial structure of an enterprise, but also has a deep impact on firm performance and value. Although a deep recognition on how debt financing improves https://www.51lunwen.org/literaturereviewsample/ firm performance by these researches has been obtained, it is ignored that different kinds of borrowings would have influenced firm performance in different ways and maturities. Therefore, this paper focuses on the impact of increasing borrowing on firm performance after IPO in order to obtain a deep understanding of relevant theories, taking Jingxin Pharmaceutical CO. LTD for the empirical example.

1.0 Introduction简介

Both debt financing and firm performance are the two critical issues in the theory and practice of the enterprise. A moderate increasing borrowing as an important part in debt financial structure is helpful to strengthen the firm’s management, standardize the firm’s behavior and improve the firm performance, affecting the overall development of the enterprise in the SME board. Recently, experts and scholars in the financial field have been studying of the debt financial structure on Chinese listed companies in the SME board (Ma Jianhui, 2002). The fine solvency could be reflected to the public by debt financing, and then increase the corporate value. Actually, the financial cost produced in different kinds of borrowings is also different researched by scholars, which has a further influence on firm performance. What’s more, the company obtained fine firm performance tends to gain short-term borrowing while the company with bad firm performance tends to obtain long-term borrowing from the perspective of signal transmits theory. So in this paper the company named Jingxin Pharmaceutical CO. LTD is analyzed based on the background.

2.0 Research approach and objective
3.0 The status of company and trend

Summary

To sum up, on the basis of theories and practical materials on debt management in the financial field as well as China’s listed companies’ realistic situations, the paper discusses the impact of increasing borrowing on firm performance after IPO by an empirical research of Jingxin Pharmaceutical CO. LTD. Jingxin Pharmaceutical CO. LTD as an empirical example should broaden more effective ways to Finance funds and adopt a more rational debt financial structure in order to promote the firm performance and corporate value as well as boosting further development of the listed company in the SME board.

References 参考文献

1. Li Lin, 2007. SME Board: The Best Choice for SMEs. Times Finance, Vol.3, pp.6-8.
2. Lin Pingfan & Chen Bing, 2005. Growth Analysis on the Companies Listed in SME Board in Guangzhou. South China Journal of Economy, vol.11. pp.55-58
3. Luo Yongtai, 2000. Reengineering & Risk Prevention on Enterprise Listed on Growth Enterprise Market. Science and Management of Science and Technology, 21(11), pp.14-17
4. Ma Jianhui, 2002. SMEs Being Listed in SME Board: Risks and Actions. The Theory and Practice of Finance and Economics, vol.4, pp.86-90
5. Ding, Q., Akoorie, M.E. & Pavlovich, K., 2009. Going international: The experience of Chinese companies. International Business Research, 2(2), pp.148-152.
6. Z本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。