| The sub-prime crisis occurred in 2007, become financial crisis later. In this crisis, the global economy slowed down and a large number of corporations went bankrupt, showing to common people the serious consequences of ignoring laws of economic development and blind developing regardless of all risk. Sustainable development of enterprises has become an urgent problem, which is basic requisition and core content of the scientific development concept. Besides, as a question discussed in the Boao Forum annual meeting in 2010, business should handle the relationship between short-term development and long-term development well. Capital structure reflects the risk of business, so the decision of capital structure in business with the object of sustainable development becomes the inevitable choice for enterprise to develop sustained.In the first chapter, this paper analyses the capital structure problem of enterprise in financial crisis, concludes the present situation of research on capital structure and explains the train of research; In the second chapter, this paper analyses the theories interrelated to sustainable development and capital structure, preparing for the qualitative analysis next; In the third chapter, this paper defines the relationship between sustainable development and capital structure and analyses the influence on capital structure by the factors affecting sustainable development; In the forth chapter, this paper regards the data of manufacturing companies listed in China 2004—2008 as sample, examines the sensitivity to various factors when enterprises making capital structure decision and reaches the conclusion that the decision made by enterprises is valid in short-term; In the fifth chapter, in view of problems mentioned, this paper puts forward proposals for enterprise about its internal and external development; In the last chapter, this paper summarizes the analysis process and results of this study, showing the innovations and deficiencies of this research. |
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