The Impact Of China’s Listing Corporation Financing Lease An Empirical Analysis Of Factors

The United States was founded in 1952, the origin of the leasing company marked the financing lease industry, the innovation model greatly improved the ability of small and medium-sized enterprise financing, international imitators. Financing lease industry has developed rapidly, in foreign countries has developed into a second to the commercial loan financing, the financing lease way not formally introduced in the early 80 s China, only a history of more than forty years development in China. Excess capacity in our country, the economic downturn, is currently faced with the deficiency of domestic consumption and export pressure, seriously restrict the development of manufacturing industry in our country. Manufacturing is a mainstay of the economy in our country, the country’s economic development but also play a basic role, but also an important foundation for the rapid economic development of our country. Nowadays in our country in the economic downturn, the pressure is big, the healthy development of the manufacturing industry can greatly improve the social employment, can satisfy our country from \ "manufacturing power\" to \ "manufacturing power\" of the rapid development of demand. At the same time,it is important to note that under the stimulus of national preferential policies, many enterprises in financing lease industry, the hard to avoid some without their own financing lease business ability of enterprises, the financing lease market now is good and evil people mixed up in our country.I believe that the financial leasing industry in our country in recent years in the wild growth state, in the near future will face and P2 P industry reshuffle and eliminated a large number of enterprises, it will affect healthy operation of the market., therefore, to explore the specific impact factor in the development of financial leasing can help find potential clients, financing lease enterprise tenant companies can also help determine whether its suitable financing lease financing in the form of the good development of China’s financial leasing industry has important strategic significance.This article selects the taian in Shanghai a-share manufacturing data, to analyze the influencing factors of enterprise financing lease. This paper discusses the writing background of financing lease, its research meaning, research contents of the literature review, etc; Then introduce the connotation of the financing lease, basis and its related theory, respectively is rate differential theory, bankruptcy debt alternative theory, agency cost theory; Then, further introduces the development process of the financing lease industry in our country and the status quo of the industry; Then from the income tax rate,long-term debt, growth, profitability, firm size, ownership concentration, the cash flow, the enterprise age eight Angle to investigate its effect on the financing lease, and proposes the corresponding assumptions; Choose Shanghai a-share manufacturing section in 2014 annual report data, according to the assumptions we do empirical analysis on relevant indicators, first of all, on the basis of financing lease, the enterprise can be divided into any two classes, and then the relevant variables are T test, studying such indicators whether there was A significant result in enterprise group; By variance inflation factor and V value does not exist between the variables to determine the multicollinearity, this article selects the Logistic regression model to the empirical analysis of each variable.