The Research of the Relation Between Capital Structure Decision and Core Competitiveness
Journal of Investment and Management
Volume 5, Issue 4, August 2016, Pages: 25-33
Received: May 11, 2016; Accepted: May 27, 2016; Published: Aug. 17, 2016
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Authors
Cui Zhe, School of Business, Nantong University, Nantong, China
Chen Meng, School of Business, Nantong University, Nantong, China
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Abstract
The capital structure of a company reflects the proportional relation of a company’s debts and equity, which decides the ability of debt paying, refinance refunding and the profit in the future to a great extent. It is an important index of company’s financial condition. The decision-making power of a company is its core competitiveness, although competitiveness is secluded, we can express this abstract ability with concrete content and index when it comes to practice. Common core factors or ability indexes include innovative technology, employees, excellent company culture and brand impact. The paper studies and analyses the connection impact between the capital structure and the decision-making power referring to domestic and foreign data, it also combines the situation of the companies in our country.
Keywords
Capital Structure, Core Competitiveness, System Environment, Innovation
To cite this article
Cui Zhe, Chen Meng, The Research of the Relation Between Capital Structure Decision and Core Competitiveness, Journal of Investment and Management. Vol. 5, No. 4, 2016, pp. 25-33. doi: 10.11648/j.jim.20160504.11
Copyright
Copyright © 2016 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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