A Study on the Adjustment of Capital Structure of Agricultural Listed Companies Based on Panel Data
This paper analyzes macro and micro factors of capital structure of adjustment ,then uses the panel data analysis method to study the dynamic process based on 60 agricultural listed companies and leading enterprises from 2007 to 2015.The results show that the profitability and adjustment of capital structure of agricultural listed companies is not significant, ownership concentration, growth and adjustment are positively correlated, the ability of the assets to be transferred is inversely related to the adjustment.Three macro variables were tested one by one, and finally found no significant, indicating that the capital structure adjustment speed of agricultural listed companies is affected by macroeconomic factors weakly.
Asset liability ratio Adjusting speed Growth property Guarantee ability Ownership concentration
GUO Huiping DAI Pengjun
The College of Economics and Management,Shenyang Agricultural University, Shenyang, China, 110866;Sc The College of Economics and Management,Shenyang Agricultural University, Shenyang, China, 110866
国际会议
日本
英文
14-19
2017-07-01（万方平台首次上网日期，不代表论文的发表时间）