Research Paper | Economics & Management | China | Volume 8 Issue 4, April 2019
The Impact of Enterprise EnterpriseAsset-Backed Securitization on the Profit Level of Enterprises
This paper uses the quarterly data of listed companies from September 2015 to September 2018 to verify the impact of Enterprise EnterpriseAsset-Backed Securitization on corporate profitability through fixed-effects testing and DiffGMM. The results of the inter-group test of effect analysis show that the Enterprise EnterpriseAsset-Backed Securitization has a significant impact on the profit level of enterprises, and it is found that the higher degree of EnterpriseAsset-Backed Securitization, the higher the profit level of enterprises, and The results show that there is a significant positive correlation betweenthe degree of Enterprise EnterpriseAsset- Backed Securitization and the profit level of enterprises. Further examination results show that the degree of EnterpriseAsset-Backed Securitization and corporate profitability are significantly different between the sample with larger market capitalization and the smaller sample of market capitalization. It is found that the relationship between the two is not significant in large-scale enterprises, and the Enterprise EnterpriseAsset-Backed Securitization has a significant effect on the improvement of corporate profitability in the sample of small enterprises.
Keywords: EnterpriseAsset-Backed Securitization, Enterprise, DifGMM, The Profit Level of Enterprises
Edition: Volume 8 Issue 4, April 2019
Pages: 962 - 968
How to Cite this Article?
Xianghong Bai, "The Impact of Enterprise EnterpriseAsset-Backed Securitization on the Profit Level of Enterprises", International Journal of Science and Research (IJSR), https://www.ijsr.net/search_index_results_paperid.php?id=15041901, Volume 8 Issue 4, April 2019, 962 - 968
141 PDF Views | 114 PDF Downloads
Similar Articles with Keyword 'Enterprise'
Analysis on Salary Level of Foreign-funded Enterprises in Shaanxi Province
Tao Wang, Zhenchao Niu
Research on the Relationship between P2P Lending Platform and the Development of Small-Micro Enterprise in China
Zhaoyang Feng, Xin Hu
Comparative Analysis of the Development Strategy of Air Logistics in Chinese Private Express Delivery Enterprises
Yang Cheng, Wen Xiao Ni
Problems and Countermeasures of Financial Management in Chinese State-Owned Enterprises
Tao Wang, Jiao Wang
Research on the Influence Mechanism of Government Procurement on Enterprise Technology Innovation