摘要
通过对负债融资与投资规模的相关性问题研究,揭示了债务规模、债务期限结构及债务类型结构等各相关因素对中国上市公司投资规模的影响程度。分析表明,企业负债规模与企业投资支出显著负相关;企业商业信用与企业投资规模呈正相关关系;企业短期负债率与投资支出不显著相关。在此基础上,对所得结论进行了理论解释。
This paper studies the relevant problems between debt finance and investment size,and finds out the effects of China listed company investment size,namely debt size,debt category structure,and debt maturity structure.The results show out that there are significant negative relation between debt size and investment size,significant positive relation between business credit and investment size,and non-significant relation between short-term debt ratio and investment size.Further,it is stated that the theoretic explain about these research results.
出处
《经济问题》
CSSCI
北大核心
2011年第4期78-82,共5页
On Economic Problems
关键词
负债融资
投资规模
负债期限结构
debt finance
investment size
debt maturity structure
