
Research on Apple’s Financing Method and Its Enlightenment to Multinational Corporations
- 1 Jiangsu University of Technology
* Author to whom correspondence should be addressed.
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
[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.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
Disclaimer/Publisher's Note
The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of EWA Publishing and/or the editor(s). EWA Publishing and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content.
About volume
Volume title: Proceedings of the 2023 International Conference on Management Research and Economic Development
© 2024 by the author(s). Licensee EWA Publishing, Oxford, UK. This article is an open access article distributed under the terms and
conditions of the Creative Commons Attribution (CC BY) license. Authors who
publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons
Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this
series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published
version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial
publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and
during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See
Open access policy for details).