基于Logistic模型对企业负债与剥离决策的实证研究

The Empirical Study on Corporate Indebtedness and Divestment Decision based on Logistic Model

对于企业负债如何影响剥离决策发生,目前国内外已有的大部分研究集中在剥离产生的原因,但对于企业负债影响剥离决策的研究较少。本文研究的数据库选择2012~2016年发生资产剥离的201个上市公司作为研究对象,配对样本分别从长期负债,短期负债两方面分析对上市公司资产剥离的影响。并且采用Logistic回归分析对数据进行处理,并对所假设的模型进行检验,揭示企业负债与剥离决策的关系,并得出结论,为我国上市公司健康有序发展提出实际参考价值。

How does corporate indebtedness affect the divestment of decision making There are few studies on the reasons for the divestment of corporate indebtedness. Database in this paper, we study the choice of 2012-2016, 201 of assets of listed companies as the research object, the matching samples respectively from longterm debt, short-term debt two aspects analyze the influence of the assets of the listed companies. And using Logistic regression analysis to deal with data, and test the hypothesis model and reveal the relationship en-terprise debt and stripping decision, and concluded that for the healthy and orderly development of listed companies in China put forward practical reference value.