An Empirical Study on the Influencing Factors of Capital Structure of Listed Banks in China

摘要

This paper makes a statistical analysis of the financial data of 16 listed banks in China from 2008 to 2017, and makes an empirical study based on these data. It finds that the factors affecting the capital structure of listed banks in China are the size of banks, the ability of capital guarantee, the dividend payment rate, the profitability of banks and the development ability of banks. First, I made a simple linear regression analysis of these factors, and tested the impact of individual factors on the capital structure one by one. Then I made multiple linear regression to find out the variables with strong explanatory power.