摘要
通过面板数据模型,检验了资产结构优化的引致效应。实证结论支持资产结构优化具有引致效应:在选定的样本内,引致效应表现为收益效应;资产结构的变化量对引致效应的作用较大;企业的资本结构及其变化量对收益效应有显著的直接影响;通过约束资产结构的优化调整,企业的资本结构及其变化量对收益效应有显著的间接影响。
Incurrence-effect of firm asset structure optimization has been analyzed in this article by panel model.Incurrence-effect supported by positive conclusion has shown in the course of firm asset structure optimization：in the selected samples,incurrence-effect shows as income effect,and is influenced much by the change of asset structure;company＇s capital structure and its variation has direct influence on income effect;company＇s capital structure and its variation has indirect influence on income effect by constraining the optimization of firm asset structure.
出处
《商业研究》
CSSCI
北大核心
2010年第8期10-15,共6页
Commercial Research
关键词
引致效应
面板数据
收益效应
中间变量
incurrence-effect
Panel data
income effect
intermediate variable
