The Inner Causality of Private Enterprise Debt Rates：Evidence from the Provincial Private Industrial Panel Data Evidence from the Provincial Industrial Panel Data

摘要：

This paper discusses the factors inslde private enterprises that influence the debt rates.Both the total liability ratio and the current liability ratio are analyzed through the provincial private industrial panel data.The empirical results show that debt rates are influenced by capital structure， revenue ratio.risk ratio，the tax rate,industrial output and the scale of the enterprise.And those factors have different impacts on the total liability ratio and the current liability ratio， respectively.

关键词： Liability ratios Panel data Private enterprise Fixed effect Random effect

作者: Wen-tao GU Shang-feng ZHANG

作者单位: Department of Statistics.Zhejiang Gongshang University,P.R.C.

会议类型: 国际会议

会议名称: The Second China Private Economy Innovation International Forum(第二届中国民营经济创新国际论坛)

会议地点: 浙江台州

会议语种:英文

页码: 377-379

在线出版日期: 2009-08-21（万方平台首次上网日期，不代表论文的发表时间）