1緒論公司治理與資本結(jié)構(gòu)是企業(yè)理論中的兩個(gè)重要問題,兩者對(duì)企業(yè)績效均有顯著的影響。資本結(jié)構(gòu)反映了企業(yè)取得長期資金的來源、組成以及相互關(guān)系。公司治理則體現(xiàn)了公司各個(gè)相關(guān)利益主體之間的關(guān)系,同時(shí)它也是股東投資的重要保障。此外,公司治理與資本結(jié)構(gòu)兩者相互影響,關(guān)系密切,選擇合適的公司治理和資本結(jié)構(gòu)對(duì)公司實(shí)現(xiàn)利益最大化意義重大。因此,治理與資本結(jié)構(gòu)及其相互關(guān)系的一直是國內(nèi)外學(xué)者研究的熱點(diǎn)論題。然而,綜合分析公司治理的關(guān)鍵因素對(duì)資本結(jié)構(gòu)的影響的研究卻比較缺乏。鑒于此,本文通過股權(quán)集中度、管理層持股、董事會(huì)規(guī)模和獨(dú)立董事四個(gè)方面研究了公司治理對(duì)資本結(jié)構(gòu)的影響。同時(shí),本文還引入公司成長性指標(biāo),按公司成長機(jī)會(huì)的大小,將樣本公司分為兩類,分別研究不同成長性下公司治理對(duì)資本結(jié)構(gòu)的影響。2文獻(xiàn)綜述2.1公司治理對(duì)資本結(jié)構(gòu)的影響研究關(guān)于公司治理對(duì)資本結(jié)構(gòu)的影響的研究,主要是分析公司治理中的關(guān)鍵因素對(duì)資本結(jié)構(gòu)的影響。其中,研究重點(diǎn)集中在股權(quán)結(jié)構(gòu)、管理層持股和董事會(huì)等因素對(duì)資本結(jié)構(gòu)的影響。2.1.1股權(quán)結(jié)構(gòu)對(duì)資本結(jié)構(gòu)的影響這部分的研究首先是關(guān)注股權(quán)集中度對(duì)資本結(jié)構(gòu)的影響。一般而言,股權(quán)相對(duì)集中的公司,大股東對(duì)于公... 

【文章來源】：復(fù)旦大學(xué)上海市 211工程院校 985工程院校 教育部直屬院校

【文章頁數(shù)】：87 頁

【學(xué)位級(jí)別】：碩士

【文章目錄】：
摘要
ABSTRACT
CHAPTER 1 INTRODUCTION
    1.1 Background of the Study
    1.2 Research Purpose and Significance
        1.2.1 Statement of the Problem
        1.2.2 O bjective of the Study
        1.2.3 Contribution of the Study
    1.3 Structure of the Thesis
CHAPTER 2 LITERATURE REVIEW
    2.1 The Theory of Corporate Governance
        2.1.1 The Agency Theory
        2.1.2 The Stewardship Theory
        2.1.3 The Stakeholder Theory
        2.1.4 The Institutional Theory
    2.2 The Theory of Capital Structure
        2.2.1 The Static Tradeoff Theory
        2.2.2 The Pecking—order Theory
        2.2.3 The Agency Cost Theory
    2.3 The Research Related to the Impacts of Corporate Governance on Capital Struture
        2.3.1 The Impacts of Ownership Structure on Capital Structure
        2.3.2 The Impacts of Managerial Ownership on Capital Struture
        2.3.3 The Impacts of BOD on Capital Structure
    2.4 The Research Related to the Impacts of Company's Growth Opportunities on Capital Structure
    2.5 The Comments on the Literature
CHAPTER 3 THE THEORETICAL ANALYSIS OF THE IMPACTS OFCORPORATE GOVERNANCE ON CAPITAL SREUCTURE
    3.1 The Impacts of Internal Governance on Capital Structure
    3.2 The Impacts of External Governance on Capital Structure
CHAPTER 4 RESEARCH DESIGN
    4.1 Research Hypotheses
        4.1.1 Research Hypotheses Based on Overall Sample
        4.1.2 Research Hypotheses Based on Grouped Samples
    4.2 Sample and Data of the Study
    4.3 Variables Definition
        4.3.1 Independent Variables---Factors of Corporate Governance
        4.3.2 Dependent Variables---Capital Structure
        4.3.3 Control Variables
    4.4 Research Methodology
        4.4.1 Descriptive Statistic Analysis
        4.4.2 Correlation Analysis
        4.4.3 Multiple Regression Analysis
CHAPTER 5 DATAANALYSES AND EMPIRICAL RESULTS
    5.1 The Empirical Results Based Overall Sample
        5.1.1 Result of Descriptive Statistic Analysis
        5.1.2 Result of Correlation Analysis
        5.1.3 Result of Multiple Regression Analysis
    5.2 The Empirical Results Based on Grouped Sample
        5.2.1 Result of Descriptive Statistic Analysis
        5.2.2 Result of Correlation Analysis
        5.2.3 Result of Regression Analysis
CHAPTER 6 CONCLUSION AND FUTURE RESEARCH
    6.1 Research Conclusion
        6.1.1 Conclusion related to the overall listed companies in China
        6.1.2 Conclusion related to the listed companies in China considering growth opportunities
    6.2 Suggestions for Improvement of Corporate Governance
    6.3 Innovations and Limitations of the study
REFERENCES
后記


【參考文獻(xiàn)】：
期刊論文
[1]股權(quán)結(jié)構(gòu)對(duì)資本結(jié)構(gòu)影響的實(shí)證研究[J]. 顧乃康,楊濤.  中山大學(xué)學(xué)報(bào)(社會(huì)科學(xué)版). 2004(01)
[2]股權(quán)結(jié)構(gòu)對(duì)資本結(jié)構(gòu)選擇的影響——來自中國上市公司的經(jīng)驗(yàn)證據(jù)[J]. 肖作平.  當(dāng)代經(jīng)濟(jì)科學(xué). 2004(01)
[3]中國上市公司股權(quán)集中度變動(dòng)的實(shí)證分析[J]. 馮根福,韓冰,閆冰.  經(jīng)濟(jì)研究. 2002(08)



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