金融生态环境、资本结构与公司成长性

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Abstract This paper uses factor analysis method to calculate the companies' composite growth score. And it tests the effect of capital structure on growth with different financial ecological environment by using panel threshold model. The results show that financial ecological environment has significant threshold effects on the relationship between capital structure and growth. Capital structure and growth are negatively related under low financial ecological environment and positively related under high financial ecological environment

Key words： Financial ecological environment Capital structure Panel threshold model

Received: 27 September 2013

PACS:

F276.6

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	Articles by authors
	Li Shengdao
	Wang Jing
	Wang Yao

Cite this article:

Li Shengdao,Wang Jing,Wang Yao. Financial Ecological Environment,Capital Structure and Growth[J]. , 2014, 0(5): 106-111.

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http://www.zgkjlt.org.cn/EN/ OR http://www.zgkjlt.org.cn/EN/Y2014/V0/I5/106

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