另外，对长期负债率产生显著影响的只有资产担保价值一项，且其影响方向为正向。

In addition, only collateral value of assets has significant influence on the long term debt ratio, and the influence direction is positive.

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但回归结果显示，固定资产比率与长期负债率在5%的水平上正相关，与理论预期相一致。

But the regression results show that the fixed assets ratio is positively correlated with long-term debt ratio at 5% level, which is consistent with the expected result.

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针对这一研究结果，为了找出原因，以流动负债率、长期负债率为被解释变量，再次进行逐步回归。

In response to this study, in order to find out the reason, we use stepwise regression again, viewing current-liability ratio and long-term debt ration as explained variables.

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第二步对资产负债率、长期负债比率等与经营绩效指数进行回归分析。

Second, we make regressive analysis in debt concentration, long - term debt proportion and performance index.

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第二步对资产负债率、长期负债比率等与经营绩效指数进行回归分析。

Second, we make regressive analysis in debt concentration, long - term debt proportion and performance index.

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