摘要
运用因子分析方法研究了影响资本结构的主要因素.实证研究结果表明公司成长性、企业规模与资产负债率正相关,公司收益能力与资产负债率负相关,经营能力与资产负债率正相关.从公司治理角度,管理层倾向于权益融资.
The paper studies the determinants of capital structure basis on the factorial analysis. The empirical analysis shows the growths of company and size have positive effect on capital structure, and profit index has negative effect on capital structure. The study also finds the negative correlation between operation capacity and capital structure. From the point of view of corporate governance, the managers prefer financing from stock market.
出处
《山东师范大学学报(自然科学版)》
CAS
2008年第2期4-6,共3页
Journal of Shandong Normal University(Natural Science)
基金
国家自然科学基金资助项目(70673064)
关键词
资本结构
因子分析
回归分析
capital structure
factorial analysis
regression analysis