Proceedings of the 1st International Symposium on Innovative Management and Economics (ISIME 2021)

The Influence of Debt Management on Corporate Value

A Case Study of Guangzhou Baiyunshan Pharmaceutical Group Co., Ltd

Authors
Yu Wu, Bailin Yang, Liangchen Zhang
Corresponding Author
Liangchen Zhang
Available Online 4 August 2021.
DOI
10.2991/aebmr.k.210803.027How to use a DOI?
Keywords
Debt management, Capital structure, Liabilities to assets ratio, Guangzhou Baiyunshan Pharmaceutical Group Co., Ltd
Abstract

At present, there are some problems in the biomedical industry such as poor financing channels, capital governance structure and business risk and etc. Debt management has certain impacts on financing channels, capital structures, business risks and corporate value. On this base, this paper empirically studies the influence of debt management on the corporate value of Guangzhou Baiyunshan Pharmaceutical Group Co., Ltd. The research proves that there is a significant positive correlation between the level of debt and earnings per share, and that the level of debt affects corporate value and capital structure. The purpose of this paper is to provide reference to enterprises in the biomedical industry to solve problems caused by debt management.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 1st International Symposium on Innovative Management and Economics (ISIME 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
4 August 2021
ISBN
978-94-6239-411-7
ISSN
2352-5428
DOI
10.2991/aebmr.k.210803.027How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Yu Wu
AU  - Bailin Yang
AU  - Liangchen Zhang
PY  - 2021
DA  - 2021/08/04
TI  - The Influence of Debt Management on Corporate Value
BT  - Proceedings of the  1st International Symposium on Innovative Management and Economics (ISIME 2021)
PB  - Atlantis Press
SP  - 194
EP  - 200
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210803.027
DO  - 10.2991/aebmr.k.210803.027
ID  - Wu2021
ER  -