Volume 29, Issue 5, 2020
DOI: 10.24205/03276716.2020.1155
Does Technical Characteristics Influence on the Growth of GEM Listed Companies: Empirical Evidence from Listed Companies of ShenZhen GEM
Abstract
This paper selects data of Shenzhen GEM listed companies as samples, and conducts regression analysis on the growth and technical characteristics of Shenzhen GEM listed companies by using sustainable growth rate, assets growth rate, business income growth rate, net profit growth rate and Tobin Q as representative indexes. The results have shown: i. Different growth index has different relevance on capital structure; ii. In terms of debt maturity structure, GEM companies with better growth prefer current liabilities; iii. Non-current liabilities have not been tested in the growth perspective
Keywords
Capital Structure; GEM; Listed Companies; Growth; Empirical Research