Financing Risk Analysis and Countermeasure Research of Hi-tech Enterprises

DOI

10.2991/rac-18.2018.93How to use a DOI?

Keywords

Hi-tech enterprises, Financing risks, Countermeasures

Abstract

Basing on the definition of the concept of hi-tech enterprises, this paper characterizes the financing risk of hi-tech enterprises as informational asymmetric, highly uncertain, and lack of collateral. Risk analysis is conducted employing the theory of enterprise life cycle and the theory of information asymmetry. Risk identification is then discussed in debt financing and equity financing. To conclude, this paper proposes several ways to better deal with financing risks from the perspective of enterprises, financial markets and government regulation.

Copyright

© 2018, 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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TY  - CONF
AU  - Xiurong Li
AU  - Hexiang Fan
AU  - Congcong Cao
PY  - 2018/10
DA  - 2018/10
TI  - Financing Risk Analysis and Countermeasure Research of Hi-tech Enterprises
BT  - Proceedings of the 8th Annual Meeting of Risk Analysis Council of China Association for Disaster Prevention (RAC 2018)
PB  - Atlantis Press
SP  - 591
EP  - 597
SN  - 2352-5428
UR  - https://doi.org/10.2991/rac-18.2018.93
DO  - 10.2991/rac-18.2018.93
ID  - Li2018/10
ER  -