Empirical Research on the Relationship between Debt Financing and Listed Companies' Growth in China

Debt financing is not the main financing way in the listed corporations of China now.The characteristic of the financing structure is equity financing preference.In this paper I discusses that the debt financing of the listed corporations in China whether can play an important part in the firm growth or not,and whether this effect is as the same as the theory.I base on the present situation of China capital market and the related theories to construct the model for empirical analyze to provide the reference of choosing the reasonable financing way for the listed corporations.