作 者: ;
机构地区: 华南师范大学
出 处: 《华东经济管理》 2015年第7期125-129,共5页
摘 要: 文章构建理论与实证模型并使用系统GMM的计量方法,探讨了企业债务及其结构对员工工资的动态影响。研究发现:企业员工工资与资本结构显著正相关,对债务结构进行进一步考察发现,员工工资与短期负债率和长期负债率都是显著正相关的,且工资对短期负债率的变动比对长期负债率的变动更为敏感。 This paper constructs a theoretical and empirical model to study the dynamic effect of corporate debt and its maturi?ty structure on employee wages by employing SYS-GMM method. The study shows that the capital structure has a significant positive effect on the employee wages. Further investigation of the debt maturity structure indicates that the employee wages are significantly positively correlated with short-term debt ratio and long-term debt ratio,among them the short-term debt ra?tio is more sensitive than the long-term debt ratio.
分 类 号: [F275]
领 域: []