The Research Of The Financing Impact Factors On Listed Information Technology Enterprise

In recent years，information technology industry maintains a steady growth, the structureadjustment is increasingly optimizing, the scale continues to expand, to further improve itscapability of competition further improves, its capability of research and development furtherenhances, become the important support strength of national economy. The developmentprocess of any industry will face the financing difficult problem; the development ofinformation technology industry is no exception. The difference is that a lot of R&D ininformation technology industry, the human power and financial resources is larger, theinvestment cycle is long, and the risk is higher. This paper analyzes on the informationtechnology enterprise current financing situation and its influencing factors, comes toconclusion, in order to providing the suggestions for the future financing of enterprise.This paper is divided into six parts. First introduces the background and significance oftopics, combing inductive research status at home and abroad; and then introduced the relevanttheories of corporate financing, as later research theory; after analysis the present developmentof information technology industry and listed information technology enterprise financingpresent situation, find the macro and micro factors influencing the information technologyenterprise financing. Using multiple linear regressions to analysis the influencing factors ofinformation technology enterprise financing, based on the empirical, gave advice to improveinformation technology enterprise financing ability. The last is to summarize the full text.In this paper, the empirical results is: the listed information technology enterprise’s profitability, operation ability, growth ability positive correlation with corporate financing ability; andthe enterprise scale negative correlation enterprise financing ability; interest rates, inflation, anddebt paying ability is not associated with financing ability. Suggestions are put forward toimprovement of the listed information technology enterprise financing ability. Such as improve profitability and operation ability and so on.