Stock Price Volatility, Financing Efficiency and Default Risk of Corporate Debt
		
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		DOI: 10.25236/edbm.2020.137
		
		
			
Corresponding Author
			Cao Ting		
		
			
Abstract
			This paper describes the risk index of stock price collapse by financing quality, and analyzes the influence of commercial credit and bank loan on financing quality and market value fluctuation by studying the relationship between the financing cost of commercial credit, bank loan and bank loan and the risk of stock price collapse. It is found that there is a significant positive correlation between commercial credit and the risk of stock price collapse, a significant negative correlation between bank loans and the risk of stock price collapse, and a significant positive correlation between debt financing cost and the risk of stock price collapse. This shows that different ways of debt financing have different economic consequences.		
		
			
Keywords
			Stock Price, Financing Efficiency, Business Reputation