Title :
Financial Risk, Business Risk and Firm Value for Logistics Industry
Author :
Jia Weiying ; Chen Baofeng
Author_Institution :
Accounting Dept., China Agric. Univ., Beijing
Abstract :
The effects of financial risk and business risk on firm value in logistic industry from 1993 to 2006 are investigated. Results confirm that financial risk and business risk of logistic companies are important determinants of firm value. The higher the financial risk and the business risk, the lower the firm value. Results also confirm that firm size has negative effect on firm value.
Keywords :
financial management; logistics; risk analysis; business risk; financial risk; firm value; logistics industry; Companies; Costs; Educational institutions; Finance; Financial management; Industrial economics; Investments; Logistics; Risk management; Security;
Conference_Titel :
Wireless Communications, Networking and Mobile Computing, 2008. WiCOM '08. 4th International Conference on
Conference_Location :
Dalian
Print_ISBN :
978-1-4244-2107-7
Electronic_ISBN :
978-1-4244-2108-4
DOI :
10.1109/WiCom.2008.2403