• DocumentCode
    2288243
  • Title

    Financial services system for the effect of corporate financing efficiency during the development of headquarter economy in Xi´an Hi-Tech Industries Development Zone

  • Author

    Guo, Wei ; Li, Xiang-Ke ; Gan, Tian

  • Author_Institution
    Sch. of Manage., Xi´´an Polytech. Univ., Xi´´an, China
  • fYear
    2009
  • fDate
    14-16 Sept. 2009
  • Firstpage
    1518
  • Lastpage
    1523
  • Abstract
    The paper started from analyzing the background of the development of headquarter economy in Xi´an Hi-Tech Industries Development Zone (ldquoXi´an High-tech Zonerdquo for short) and the literature review of financing efficiency , and took the effect that financial services system had on corporate financial efficiency as the research object. The research took high-tech enterprises, financial institutions´ staff and financial research scholars as main research subject, through the interviews, questionnaire survey, product-moment correlation analysis and canonical correlation analysis to verify the correlated hypothesis. The financial services system includes A-financial macro-policy environment, B-financial industry´s supporting platform, C-indirect financing system (including the banking system, the insurance market), and D-capital market financing system. The results show that there is a significant positive correlation relation between the financial services system, its sub-system and the corporate financial efficiency of the region.
  • Keywords
    financial management; macroeconomics; Xi´an Hi-Tech Industries Development Zone; canonical correlation analysis; capital market financing system; corporate financing efficiency; financial institution staff; financial macropolicy environment; financial research scholar; financial services system; headquarter economy; high-tech enterprises; indirect financing system; product-moment correlation analysis; Banking; Cities and towns; Conference management; Engineering management; Finance; Financial management; Government; Industrial relations; Investments; Research and development management; Xi´an high-tech zone; corporate financial efficiency; financial services system; headquarter economy;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management Science and Engineering, 2009. ICMSE 2009. International Conference on
  • Conference_Location
    Moscow
  • Print_ISBN
    978-1-4244-3970-6
  • Electronic_ISBN
    978-1-4244-3971-3
  • Type

    conf

  • DOI
    10.1109/ICMSE.2009.5317915
  • Filename
    5317915