Influential Factors of China Railway Financing Structure Analysis

This paper conducts an empirical study by adopting combined methods of factor analysis and linear regressive analysis. There are four major influential factors on railway financing structure: scale, profitability, growth, and nature. The relation between railway financing structure and the above mentioned factors are: the debt ratio is positively correlated with project scale; profitability has no significant influence to the financing structure; high growth rate of a railway enterprise could help to reduce the debt level; increase of large and medium sized railway constructions can reduce the debt level of railway enterprises.


  • English

Media Info

  • Media Type: Web
  • Pagination: pp 711-716
  • Monograph Title: International Conference on Transportation Engineering 2009

Subject/Index Terms

Filing Info

  • Accession Number: 01525224
  • Record Type: Publication
  • ISBN: 9780784410394
  • Files: TRIS, ASCE
  • Created Date: Nov 12 2013 1:36PM