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.

• Record URL:
  https://doi.org/10.1061/41039(345)118
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/9780784410394
• Supplemental Notes:
  • © 2009 American Society of Civil Engineers.
• Corporate Authors:

  American Society of Civil Engineers

  1801 Alexander Bell Drive
  Reston, VA  United States  20191-4400
• Authors:
  • Li, Wenxin
• Conference:
  • Second International Conference on Transportation Engineering
  • Location: Chengdu , China
  • Date: 2009-7-25 to 2009-7-27
• Publication Date: 2009-7

Language

• English

Media Info

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

Subject/Index Terms

• TRT Terms: Factor analysis; Financing; Linear regression analysis; Railroads
• Geographic Terms: China
• Subject Areas: Finance; Railroads; I10: Economics and Administration;

Filing Info

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