资产流动性、成长性、资产担保价值、非债务税盾与杠杆负相关;
The empirical studies show that: (1) asset liquidity, growth, collateral and non-debt tax shields are negatively related to leverage;
研究结果发现在样本期内,债务的利率扭曲价值要大于净税盾价值。
Findings indicated that the distortion value of interest rate on loan must be bigger than net tax shield value in sample time.
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