资本结构的不同安排对企业市场价值有直接的影响。从宁波市企业资本结构的实证研究看,债务融资比率根据企业的规模大小、所有制性质的不同而存在明显的变化。本文通过分析宁波企业的资本结构特征,引出拓展金融宽度,增进金融深度,从而为企业各种不同的融资需求提供全方位、多层面的融资工具,增加企业融资可选择性的思考。 The different arrangements of the capital structure have a direct impact on the market value of the enterprise. According to the empirical study of Ningbo’s corporate capital structure, the debt financing ratio has obvious changes according to the size of enterprises and the nature of ownership. This paper analyzes the characteristics of Ningbo’s capital structure, leads to expand the financial breadth and increase the financial depth, so as to provide all-round and multi-level financing tools for various financing needs of enterprises and increase the choice of corporate financing.