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1、AbstractTHEEMPIRICALRESEARCHONFINANCIALOVERALLLEVEROFCHINESELISTEDCOMPANYABSTRACTEnterprisesbecomemorecompetitivewiththerapiddevelopmentofChinesemarketeconomy.Inordertofindmoreopportunities,enterprisefinancialstrategyarecommonlyused,andchannelsoffinancingbusinessarediversified.Thenfinancialle
2、verageattendant,companiescanbebetterbyreasonablechoosethefinancialleveragethatadapttothecompany.Thusitmustbesignificanttodecidetheoverallleveloffinancialleverage.Firstly,thebackgroundandpurposeofresearchstatusathomeandabroadstudiesarebrieflydescribed.Thenfinancialleveragetheoreticalresearchli
3、teraturewasreviewed,itcomesfromthreepartswhicharetheconceptsoftheoverallleveloffinancialleverage,financialleverageeffectandfinancialleveragefactors.Thesearetheoreticalfoundationofempiricalresearchmethodsandindexselectionwhichserviceinlaterchapters.Thethirdpartintroducesthetextdatasources.Eval
4、uationandimpactindicatorsareclearlyevaluated,itisbeneficialforadetaileddescriptionofthebasicwhicharetheassumptionsandmethodsdesignedtopermitresearch,empiricalresearchproceduresandpurpose.Thefourthpartisthefocusofthisstudy,mainlytomakeempiricalresearchforChineselistedcompanies'financialleverag
5、esituationwhentimefrom2001to2013.ThisisadistributionstatisticaldescriptionofChineselistedcompanies’financialleverageonoveralllevel.Thenplannedtomakeatime-divisionofthefinancialleverageonoveralllevel.Fromthedivision,recentlycanbeselected,intherecenttimefinancialleverageandfinancialleverageindu
6、stryleveleffectscanbestudied.Afterunderstandthese,amultipleregressionmodelwasbuilt.Fromthemultipleregressionmodelfactorsthataffecttheoverallleveloffinancialleveragecanbeinterpretedfromthemacroeconomic.Onthisbasis,thefifthpartofthetexttomakeasummary,andthecorrespondingleveloffinancialleveragec
7、ontrolstrategieswereproposedbasedonempiricalfindings.KeyWords:FinancialLeverage,Overalllevel,Industrystandards,Effects,FactorsII目录目录第一章绪论..............................................................11.1研究背景及意义................................