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dc.contributor.advisor吴世农
dc.contributor.author黄飘飘
dc.date.accessioned2016-02-23T01:06:10Z
dc.date.available2016-02-23T01:06:10Z
dc.date.issued2015-07-09 15:25:13.0
dc.identifier.urihttps://dspace.xmu.edu.cn/handle/2288/95942
dc.description.abstract资本结构理论认为,适当的负债有利于提高企业价值。然而,近年来却出现公司低负债甚至是零负债的现象,且已呈现出一种国际化的增长趋势,Graham(2000)称之为“低负债之谜”。 我国也有不少企业长期保持这种低负债的杠杆政策,保守的资本结构政策正呈现出日渐增长的趋势,采取低负债行为的上市公司占比从2003年的12.75%上升到2013年23.29%。那么是什么原因驱动这些公司采取低负债政策?是否由于这些公司盈利能力增强、产品市场竞争优势提高?成长性高低是否影响杠杆水平?这种保守的负债政策是否与行业属性有关?抑或是受到宏观经济环境变动的影响?上述问题对于理解我国上市公司低负债行为有重要的现实意义。...
dc.description.abstractThe capital structure theory believes that appropriate leverage ratio is beneficial for improvement of corporate value. In recent years, however, the phenomenon of low-leverage or even zero-leverage has emerged as a growing trend of internationali-zation which Graham (2000) called "low debt puzzle". Many enterprises in China have maintained low-leverage policy, a conservative capital structure p...
dc.language.isozh_CN
dc.relation.urihttps://catalog.xmu.edu.cn/opac/openlink.php?strText=46624&doctype=ALL&strSearchType=callno
dc.source.urihttps://etd.xmu.edu.cn/detail.asp?serial=49622
dc.subject低负债
dc.subject影响因素
dc.subject融资约束
dc.subjectLow-leverage
dc.subjectDeterminants
dc.subjectFinancial Constraints
dc.title企业低负债行为特征及其影响因素研究 ——基于中国A股上市公司的实证分析
dc.title.alternativeA Study on the Characteristics and the Determinants of Low Leverage Firms ——An Empirical Analysis of Chinese Listed Companies in A-Share Stock Market
dc.typethesis
dc.date.replied2015-05-19
dc.description.note学位:管理学硕士
dc.description.note院系专业:管理学院_会计学
dc.description.note学号:17520121151087


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