人工翻译~
Abstract:
Since the 1990s,along with the constantly improvement of our country 's socialist market economic system,capital market develops rapidly,the role of direct financing continue to strengthen,financing channels of enterprise become more diversitied.The enterprise's ability to adapt to market economy continuously strengthen,which can consciously transform its economic behavior according to the market environment.Under the influence of market economy,the financing channels are diversified.It makes macroscopic factors become the necessary when choosing the capital structure for enterprise.Interest rates,as one of the important macroscopic factors,therefore has very important theoretical and practical significance in studying the impact of interest rate on enterprise capital structure.
This paper analyzed the present situation of our country's enterprise capital structure,get the factors that affect the capital structure.This article emphatically discusses the influence of interest rate on enterprise capital structure,and puts forward the corresponding policy recommendations accordingly.
Key words:capital structure; interest rates; enterprise; debt financing