资本结构和所得税税负关系实证研究

资本结构在企业的经营发展中非常重要，研究上市公司资本结构与所得税税负的关系有着重大的现实意义。本文分别采用区间分析和回归分析，对资本结构与所得税税负的关系进行实证研究．说明资产负债率在60％-80％的区间．不仅是激进经营负债区间，也是实际税负最高的区间；上市公司资产负债率、流动比率与所得税税负存在正相关关系，长期比率与所得税税负的关系没能通过检验。进而，本文对资本结构和所得税税负关系现实情况的形成原因从某些方面进行了进一步分析。

An Empirical Research on the Relevance Between Capital Structure and Income Tax Burden

Capital structure plays an important role in the company's operation and development,so the research on the relevance between listed company's capital structure and the income tax burden have a significant practical sense.In the article,the sector analytic method and the regression analysis method have been used to study the relevance between the capital structure and the income tax burden,to illustrate the asset-liabilities ratio between 60%-80% sector not only is the radical management debt sector,but also is the sector of highest tax burden;the asset-liabilities ratio and the current ratio of the listed companies are positively related to the income tax burden,and the relevance between the long-term ratio and the income tax burden could not pass the proof-test.In the article the causes of the actual relevance between the capital structure and the income tax burden are analyzed further in some aspects.