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An Empirical Study Of Correlation Between Capital Structure Of Chinese Listed Steel Enterprises And Their

Posted on:2011-07-27Degree:MasterType:Thesis
Country:ChinaCandidate:Y W ZhangFull Text:PDF
GTID:2189360305951524Subject:Finance
Abstract/Summary:PDF Full Text Request
As an influential branch of cooperate finance, the capital structure theory boasts both a wide foundation and a great prospect for study at home and abroad. Combining the achievements of the western capital structure theory and the current development of our national one, this thesis, by adopting the empirical approach, makes a deep analysis of the correlation between the capital structure of the domestic listed steel enterprises and their company effect, offers the explanations and also proposes some advice concerning this. The thesis consists of five chapters:Chapter one:introduction. It introduces the thesis's research background as well as its structure and point of innovation.Chapter two:literature review. It elaborates the features of various capital structure theories in the field and the news research progress at home and abroad.Chapter three:analysis of the present situation. It gives detailed analysis of the present situation and features of the capital structure of the domestic listed steel enterprises.Chapter four:empirical analysis. It proposes the relevant hypothesis, makes an empirical analysis of the correlation between the capital structure of the steel enterprises and their company effect and gets some related results.Chapter five: analysis on cause. Chapter six:policy advice.Based on the deep analysis on cause of the correlation between the capital structure of the domestic listed steel enterprises and their company effect it proposes some related policy advice.Chapter seven:Conclusion.
Keywords/Search Tags:capital structure, MM theorem, profitability, company performance
PDF Full Text Request
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