Empirical Research About Financial Lever Of Listed Company

With the constant development of economic globalization and capital market, the economic development of our country has entered a new historical period. The number of listed companies is increasing, the scale is expanding, and facing severe market competition. In order to develop, debt is necessary. Foreign scholars started debt financing for financial lever research earlier, has formed a comparatively complete theoretical results, and used to guide practice. But our Chinese scholars'research production hasn't achieved that level.The first part of the thesis reviews the research Production of the Chinese and foreign academician about financial level, finding the existed problems in research of financial lever in China. The second part introduces some related theories of financial lever, it is the basis of follow-up studies. The third part is the main part of the thesis . This section introduces the selection method, the selection principle, the index of collected data analysis and mastering the special situations and existing problems of the listed companies. In the end of this section , some countermeasures and suggestions gived for the unreasonable phenomena mentioned above. The forth part is the innovation of the article, it introduces how to use the financial lever in capital structure optimization. The fifth part is the conclusion of this thesis, it includes research contents, innovation and research limitations.The research of this thesis has certain guidance functions to the listed company about how to choice the financial lever,and there is sure meaning to the theoretical research of this question for reference.