Abstract

This paper is an analysis of the financing preference of China electric power industry through an empirical analysis method. Through a detailed study using the data of listed electric power companies from 2004-2006, which belongs to the security markets of Shanghai and Shenzhen, We grasp the fact that debt financing is the main method widely used in listed electric power companies, especially long-term debt financing method. This find is very useful for further research on financing effects of to electric power industry, as well as to investors and creditors of the listed electric power companies.

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