Empirical study on financial risk factors: Capital structure, operation ability, profitability, and solvency ——evidence from listed companies in China

2012; Volume: 3; Issue: 5 Linguagem: Inglês

ISSN

2141-7482

Autores

Gang Fu, Weilan Fu, Dan Liu,

Tópico(s)

Credit Risk and Financial Regulations

Resumo

This study analyzes financial risk factors of China’s Small and medium-sized enterprises (SMEs), employing Alexander Bathory model for the currently available data on the small and medium enterprise board in Shenzhen Stock Exchange. Financial risk is measured by the Alexander Bathory model. The financial risk was found to be significant and negative correlation with the current ratio, net profit margin, net asset ratio, fixed assets ratio, and to weakly relate with fixed asset turnover, total asset turnover, while there are no significant correlation between financial risk and debt structure, inventory turnover, accounts receivable turnover.

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