The Influencing Factors Of Financing Structure Of Xinjiang Listed Companies

In the key period of reform and development of Xinjiang is stable, the new starting point,to realize new economic development opportunities that is central to the development strategyof "Silk Road Economic Belt", Xinjiang will become the most beneficial area. It also createda good economic environment for the further development of the Xinjiang listing Corporation.Xinjiang listing Corporation as promoting rapid economic development in Xinjiangenterprises should seize the opportunity to improve their core competitiveness. This paperfrom the financing structure and its influencing factors analysis of Xinjiang listingCorporation, and attempt to propose ways to optimize the financing structure of Xinjianglisting Corporation.Research on the financing structure is always a hotspot in theoretical circles. However,scholars have specific to the Xinjiang listing Corporation financing structure factors less.Because of the special geographical environment of Xinjiang, the economic resources andethnic culture, the financing structure of Xinjiang listing Corporation is relatively complex,the factors influencing the financing structure also has the particularity. Therefore, study onthe factors of Xinjiang listing Corporation financing structure and its influence is morepractical significance.Based on the factors of domestic and foreign financing structure theory and its effect oncarding, the status quo of Xinjiang listing Corporation financing structure analysis, to find outthe existing problems and their causes. Then, in2009, before the standard21A shares in alisting Corporation in Xinjiang as the research object, analyzes the main factors that affect theXinjiang listing Corporation capital structure from the macro, meso and micro aspects, choose10indicators as the basis for analysis, using the panel data to establish an empirical study onthe fixed effects model. Finally, on the basis of the theory and empirical analysis, from thethree aspects of Xinjiang listing Corporation internal financing ability, pay attention to theindustry and optimize the structure of debt financing approaches to optimize the financingstructure.