DocumentCode
2985935
Title
The Path Analysis of Diversification Strategy and Capital Structure in the Listed Companies
Author
Song Yingchun
Author_Institution
Econ. & Manage. Sch., Wuhan Univ., Wuhan, China
fYear
2011
fDate
12-14 Aug. 2011
Firstpage
1
Lastpage
4
Abstract
Corporation diversification strategy is a trend. Will the past and existing diversification strategy choice affect the company´s now and future decision? Moreover will the past and existing capital structure also affect the company´s now and future strategic choice? This paper tests the causality of diversification strategy and capital structure by four structure equation models and AMOS6.0 software. The results reveal there is a significant causal relationship among capital structures and among company strategies. There exists a interaction between capital structure and company strategy.
Keywords
decision making; investment; strategic planning; AMOS6.0 software; capital structure; corporation diversification strategy; path analysis; structure equation models; Analytical models; Biological system modeling; Companies; Fitting; Industries; Periodic structures;
fLanguage
English
Publisher
ieee
Conference_Titel
Management and Service Science (MASS), 2011 International Conference on
Conference_Location
Wuhan
Print_ISBN
978-1-4244-6579-8
Type
conf
DOI
10.1109/ICMSS.2011.5999354
Filename
5999354
Link To Document