资源描述:
《管理防御与上市公司融资行为关系研究.pdf》由会员上传分享,免费在线阅读,更多相关内容在学术论文-天天文库。
1、AbstractThestudyontherelationshipbetweenthemanagementdefenseandcorporatefinancingbehaviorAbstractTheroleofManagementdefenseincorporatefinancedecision-makingbehaviorhasbeenatopicofconcerninrecentyears,Thefinancingdecision,asthecoreofenterprisefinancialmanagement,notonlyaffe
2、cttheenterprisecostofcapital,andcanalsoaffectmanagerbehaviorandcorporategovernancestructure,etc.,willaffectthetotalvalueofenterprises,sotheresearchontheproblemoffinancingdecisionisanimportantissueinthefieldoffinancialmanagementresearch,hasbeenthefocusofmanyscholarsstudiesi
3、nrecentyears.Thisarticlestudysfromtheperspectiveofmanagersdefense,attemptingtoestablisharesearchperspectiveonthatenterprisefinancingdecisionproblemsunderthesystemoftheoreticalanalysis,soastoprovideanewAnglefortheresearchofenterprisefinancingdecisions.Inthispaper,startingfr
4、omtheoptimalcapitalstructureoflistedcompaniesinChina,willmanagethedefenseintothestudyofenterprisefinancingdecisions.Throughtheliteraturesummary,thetheoreticalanalysisandmodelbuilding,usinglargesampledataempiricallymanagementdefenseandtherelationbetweenfinancingdecisions.St
5、ructureofthispaperisasfollows:first,thearticleexpatiatestheresearchbackgroundandsignificancetodotherelatedintroduction,andthenindicatethelogicalframeworkandtheresearchcontentandthemethods,forhoppingthatthroughtheliststhengreatlycontributedtothesuccessofthisarticle.Throughs
6、tudyingthepresentsituationsoftheresearchonmanagementofdefense,theprincipal-agenttheory,asymmetricinformationtheory,thetheoryof"pecking"theoryandthetheoryofrationalmanagershypothesisdefence,thenanalyzedthemanagementoftherelationshipbetweentheenterprisefinancingbehaviorsandi
7、tseconomicconsequences,thenputforwardinthispaper.Thenistheresearchdesigns,includingtheresearchhypothesisisputforward,variableselection,modelbuilding,atthesametimedefineshowtodescribethemanagementlevelofdefense,pointsoutthattheconstructionmanagementdefenseindexmethod;Thefif
8、thpartisthearticleconclusionandresearchafterputforwardrelatedSuggestions.Articleselecteds