Analysis of Financing Structure of Electric Power Listed Enterprise

Author

Li, Tao ; Liu, Xiao-Yan

Author_Institution

Sch. of Bus. Adm., North China Electr. Power Univ., Beijing, China

fYear

2009

fDate

20-22 Sept. 2009

Firstpage

1

Lastpage

4

Abstract

This paper is a study on the financing structure of electric power listed company through an empirical analysis method. According to the financial accounting theory, the suitable financing structure can effectively enhance the value of company. Through a detailed study using the data of electric power listed companies from 2004-2006, which belongs to the security markets of Shanghai and Shenzhen, We summarize the characteristics of electric power listed company: debt financing is the main method widely used in electric power listed company, especially long-term debt financing method. This find bases the foundation for further study of the financing effect of listed power companies.

Keywords

accounting; power system economics; power system security; Shanghai; Shenzhen; electric power listed enterprise; empirical analysis; financial accounting theory; financing structure; security markets; Companies; Data security; Databases; Forward contracts; Industrial economics; Optimization methods; Power generation economics; Power supplies; Production;

fLanguage

English

Publisher

ieee

Conference_Titel

Management and Service Science, 2009. MASS '09. International Conference on

Conference_Location

Wuhan

Print_ISBN

978-1-4244-4638-4

Electronic_ISBN

978-1-4244-4639-1

Type

conf

DOI

10.1109/ICMSS.2009.5305650

Filename

5305650