英国硕士论文代写：金融行业的资本结构
本研究的主要目的是探索的重要因素,影响金融行业的资本结构,上市和未上市的机构在欧盟国家。最基本的方法来测试的一些相关理论,探讨资本结构的关键因素来估计一些回归方程与代理不可见的属性说明和相关的变量。在这个领域有巨大的文献使用这种方法尽管可以很难找到代理和可能有干扰效果与代理(Titman和韦塞尔斯,1988)。本文还打算使用这种方法将回归分析的简单性和力量。然而,本文将考虑的示范能力代理和将包括探索性数据分析,以避免误传的关键属性。回顾资本结构文献:没有普遍共识的因素影响公司的资本结构。最相关的文献主要关注公司在发达市场(Titman和韦塞尔斯,1998;瓦尔德,1999;展位Aivazian,2001;Deesomsak,2004)成功地确定了公司规模等特点,研发强度,market-to-book比率的资产,股票回报,资产可触知,盈利能力和边际税率企业融资选择的重要决定因素(刘和壮族,2009)。不是很多研究已经进行了最近金融市场在欧盟和检查政策环境对金融结构的影响。
英国硕士论文代写：金融行业的资本结构
The main purpose of this research is to explore the important factors that affect capital structure of the financial industry, for listed and unlisted institutes in EU countries. The most basic approach taken to test some of the relevant theories and to explore the key determinants of capital structure has been to estimate some regression equations with proxies for the unobservable attributes as explanatory and dependent variables. There is vast literature in this field using this approach despite the fact that the proxies can be hard to find and there might be confounding effects with those proxies (Titman and Wessels, 1988). This thesis also intends to use this approach due to the simplicity and power of regression analysis. Yet this paper will take into account the demonstrative power of the proxies and will include exploratory data analysis to avoid misrepresentation of key attributes.Review of literature on capital structure: – There is not general consensus on the factors affecting the capital structure of the firm. Most relevant literature focuses on companies in developed markets (Titman and Wessels, 1998; Wald, 1999 ; Booth and Aivazian, 2001; Deesomsak, 2004) successfully identified firm characteristics such as size, R&D intensity, market-to-book ratio of assets, stock returns, asset tangibility, profitability and the marginal tax rate as important determinants of corporate financing choices (Liu and Zhuang, 2009). Not many studies have been conducted recently for financial markets alone in the EU and examine the effect of policy environment on the financial structure.
