Borrowed Capital as Risk Factor for Large Construction Companies in Russia

被引：2

作者：

Guzikova, L. ^{[1
]}

Plotnikova, E. ^{[1
]}

Zubareva, M. ^{[1
]}

机构：

[1] Peter Great St Petersburg Polytech Univ, Grad Sch Publ Adm & Financial Management, 27 Polytech Skaya St, St Petersburg 195251, Russia

来源：

INTERNATIONAL CONFERENCE ON CONSTRUCTION, ARCHITECTURE AND TECHNOSPHERE SAFETY (ICCATS 2017) | 2017年 / 262卷

关键词：

FINANCIAL RATIOS; BANKRUPTCY;

D O I：

10.1088/1757-899X/262/1/012206

中图分类号：

TU [建筑科学];

学科分类号：

0813 ;

摘要：

The paper investigates the features of the formation of the capital structure of large construction companies from the standpoint of the financial risks and opportunities for companies' development. The authors compare the opportunities and risks linked with the use of the own and borrowed capital, analyze the capital structure of large Russian construction companies, identify factors affecting the capital structure and determining the ratio of own and borrowed sources of financing. In the paper the hypothesis is considered that companies use larger volumes of borrowed capital by means of their assets increase.

引用

页数：7

共 21 条

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[2]

Acharya V V, 2004, J FINANCE, V52

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