id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fbem-28647	Wen, Chen	Research on the Impact of Corporate Financialization on Debt Risk under the Perspective of Investment Income: Taking Yunnan Baiyao Group as an Example	2024	7	.pdf	application/pdf	5367	167	34	In 2022, Yunnan Baiyao financialization deepened drastically, a short period of time to speed up the degree of financialization for Yunnan Baiyao's debt repayment ability is not a great help, Yunnan Baiyao's ability to prevent debt risk is only slightly improved. When the degree of financialization of Yunnan Baiyao deepened, Yunnan Baiyao financial assets held by the main speculative arbitrage, the pursuit of high profits and short-term returns, long-term large-scale investment in the virtual economy holding a high return so that the enterprise's long-term solvency affected, fluctuations, once the liquidity crisis will bring serious debt risk to the enterprise.	cache/fbem-28647.pdf	txt/fbem-28647.txt