Analysis of Financing Structure of Electric Power Listed Enterprise
This paper is a study on the financing structure of electric power listed company through an empirical analysis method. According to the financial accounting theory, the suitable financing structure can effectively enhance the value of company. Through a detailed study using the data of electric power listed companies from 2004-2006, which belongs to the security markets of Shanghai and Shenzhen, We summarize the characteristics of electric power listed company: debt financing is the main method widely used in electric power listed company, especially long-term debt financing method. This find bases the foundation for further study of the financing effect of listed power companies. Key wordsfinancing structure; electric power listed company; debt financing