Research on Apple’s Financing Method and Its Enlightenment to Multinational Corporations

Research Article
Open access

Research on Apple’s Financing Method and Its Enlightenment to Multinational Corporations

Yuxiang Chen 1*
  • 1 Jiangsu University of Technology    
  • *corresponding author 3073039278@qq.com
Published on 13 September 2023 | https://doi.org/10.54254/2754-1169/19/20230128
AEMPS Vol.19
ISSN (Print): 2754-1177
ISSN (Online): 2754-1169
ISBN (Print): 978-1-915371-81-2
ISBN (Online): 978-1-915371-82-9

Abstract

In the 21st century, the phenomenon of economic globalization is very common, many companies have begun to enter the global market, transnational business models have become popular, so that complex financing methods have become a topic that every enterprise that wants to enter the international market must study. Many experts and scholars in the world have studied this in depth, but for individual excellent enterprises, it is worthwhile to start from its perspective. This article uses Apple as an example to analyze the company's financing methods and inspiration for the development of other multinational companies in the world. This paper uses the method of case analysis to analyze the unique financing structure of Apple at various stages of development, and draws the following conclusions, first of all, it is necessary to establish a diversified financing model to avoid the shortage of funds caused by single financing. Second, it is necessary to flexibly adjust the financing structure according to the development stage of the enterprise. Finally, it should pay attention to the issue of equity dilution in the external financing process, which may involve the loss of control of the company.

Keywords:

Apple inc, transnational corporation, international markets, financing mode

Chen,Y. (2023). Research on Apple’s Financing Method and Its Enlightenment to Multinational Corporations. Advances in Economics, Management and Political Sciences,19,129-134.
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References

[1]. He Tong. (2021). Research on Apple's Financing Methods and Its Enlightenment (Master's Thesis, Tianjin University of Commerce).

[2]. Wang Dandan. (2022). An Empirical Study on the Impact of Enterprise Life Cycle on Capital Structure (Master's Thesis, Chinese Academy of Fiscal Sciences). https://kns.cnki.net/KCMS/detail/detail.aspx?dbname=CMFDTEMPDAY&filename=1022537757.nh

[3]. Faccio M, Masulis R W. The choice of payment method in European mergers and acquisitions[J]. The Journal of Finance, 2005, 60(3): 1345-1388.

[4]. Lin Shaochun. (2019). Exploration of Financing Strategies of Listed Companies. Modern Business (35), 148-149. doi:10.14097/j.cnki.5392/2019.35.064.

[5]. Khurana, I.; X. Martin.; and R. Pereira. Financial Development and the Cash Flow Sensitivity of Cash[J]. Financial Quantitative Analysis, 2006(41): 787~806.

[6]. ZHANG Ge. (2017). Case Study of Strategic Cost Management of Apple (Master's Thesis, Jilin University of Finance and Economics). https://kns.cnki.net/KCMS/detail/detail.aspx?dbname=CMFD201801&filename=1017818453.nh

[7]. ZHANG Yongsheng. (2020). A Research on Overseas Financing of Multinational Corporations (Master's Thesis, Southwest University). https://kns.cnki.net/KCMS/detail/detail.aspx?dbname=CMFD202101&filename=1021533727.nh

[8]. Li Lin. (2018). Research on tax avoidance and anti-tax avoidance of Apple in the United States (master's thesis, Jilin University of Finance and Economics). https://kns.cnki.net/KCMS/detail/detail.aspx?dbname=CMFD201901&filename=1018817253.nh

[9]. Zhao Liman. (2020). Research on financing problems of science and technology enterprises from the perspective of MM theorem. China Business Theory(04), 64-65.

[10]. Coda S, Garel A, Zhao L, et al. Payment method and financing choice in financial institutions’ business combinations: does it matter how an acquisition is financed?[J]. 2017.

Cite this article

Chen,Y. (2023). Research on Apple’s Financing Method and Its Enlightenment to Multinational Corporations. Advances in Economics, Management and Political Sciences,19,129-134.

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About volume

Volume title: Proceedings of the 2023 International Conference on Management Research and Economic Development

ISBN：978-1-915371-81-2(Print) / 978-1-915371-82-9(Online)
Editor：Javier Cifuentes-Faura, Canh Thien Dang
Conference website: https://2023.icmred.org/
Conference date: 28 April 2023
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.19
ISSN：2754-1169(Print) / 2754-1177(Online)

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References

[1]. He Tong. (2021). Research on Apple's Financing Methods and Its Enlightenment (Master's Thesis, Tianjin University of Commerce).

[2]. Wang Dandan. (2022). An Empirical Study on the Impact of Enterprise Life Cycle on Capital Structure (Master's Thesis, Chinese Academy of Fiscal Sciences). https://kns.cnki.net/KCMS/detail/detail.aspx?dbname=CMFDTEMPDAY&filename=1022537757.nh

[3]. Faccio M, Masulis R W. The choice of payment method in European mergers and acquisitions[J]. The Journal of Finance, 2005, 60(3): 1345-1388.

[4]. Lin Shaochun. (2019). Exploration of Financing Strategies of Listed Companies. Modern Business (35), 148-149. doi:10.14097/j.cnki.5392/2019.35.064.

[5]. Khurana, I.; X. Martin.; and R. Pereira. Financial Development and the Cash Flow Sensitivity of Cash[J]. Financial Quantitative Analysis, 2006(41): 787~806.

[6]. ZHANG Ge. (2017). Case Study of Strategic Cost Management of Apple (Master's Thesis, Jilin University of Finance and Economics). https://kns.cnki.net/KCMS/detail/detail.aspx?dbname=CMFD201801&filename=1017818453.nh

[7]. ZHANG Yongsheng. (2020). A Research on Overseas Financing of Multinational Corporations (Master's Thesis, Southwest University). https://kns.cnki.net/KCMS/detail/detail.aspx?dbname=CMFD202101&filename=1021533727.nh

[8]. Li Lin. (2018). Research on tax avoidance and anti-tax avoidance of Apple in the United States (master's thesis, Jilin University of Finance and Economics). https://kns.cnki.net/KCMS/detail/detail.aspx?dbname=CMFD201901&filename=1018817253.nh

[9]. Zhao Liman. (2020). Research on financing problems of science and technology enterprises from the perspective of MM theorem. China Business Theory(04), 64-65.

[10]. Coda S, Garel A, Zhao L, et al. Payment method and financing choice in financial institutions’ business combinations: does it matter how an acquisition is financed?[J]. 2017.

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