An Analysis of the Characteristics of the Financing Structure of Small and Medium High-techEnterprises and Their Influencing Factors
YANG Nan 1, 2
(1. School of Economics and Management, Zhongyuan University of Technology, Zhengzhou 450007, China|2. Business School, Hohai University, Nanjing 210098, China)
Abstract The research into the five index variables of the features of small and medium high-tech enterprises finds that the asset-liability ratio of small and medium high-tech enterprises is generally low. Their financing decisions are determined by the need for short-term business activities and the financing market conditions. The financial structure of the enterprises is not an important influencing factor
YANG Nan. An Analysis of the Characteristics of the Financing Structure of Small and Medium High-techEnterprises and Their Influencing Factors. Economic Survey, 2011, 28(4): 061.