So, with margins and leverage declining, ROEs are unlikely to return to pre-credit crunch levels.

The proportion of the state-owned share and the concentration of ownership respectively has a significant correlation with asset-liability ratio in a shape of" U";

国有股比例、股权集中度分别与资产负债率呈显著U形关系；高管持股比例、企业变现能力、资产抵押价值、经营风险与资产负债率无显著相关性；

Secondly, the low rate of corporate assets and liabilities and instability.

二是企业资产负债率偏低且不稳定。

Empirical part, we start the main competition from the products on the total debt ratio, long-term asset-liability ratio and the current asset-liability ratio of three indicators for empirical analysis.

实证部分，本文主要用产品市场竞争程度指标，对总资产负债率和长期资产负债率两个指标进行实证分析。

An Analysis of the Factors Affecting the Changes of China's Industrial Assets-liability Ratio

影响我国工业企业资产负债率变化的因素分析

The Empirical Research of Listed Companies in the Optimal Asset-Liability Ratio

上市公司最优资产负债率的实证研究

Repsol would then have to write it down, lifting group gearing by 400 basis points to 42 per cent by year-end, Macquarie estimates.

麦格理（Macquarie）估计，雷普索尔将不得不进行相应减记，使年底集团资产负债率提高400个基点，至42%。

Cautiously Control Asset to liability Ratio while Financing in Debt

负债融资需慎重把握资产负债率

Moreover, debt ratio and income tax rate will also affect firm's investment behavior arising from stockholder-bondholder conflicts.

此外，资产负债率、企业所得税率等因素都会影响股东-债权人利益冲突引起的投资行为。

The Granger examination indicated that the interest rate influenced the capital structure of listed company.

Granger因果检验则表明资产负债率受利率因素的影响。

Final conclusion is: to some extent, listed companies profit forecast reliability is effected by the size of the firm and the forecast interval.

最后结论是：上市公司盈利预测自愿性在一定程度上受公司规模、独立董事的比例以及IPO上市公司的资产负债率的影响。

The asset-liability ratio is a direct and indirect factor related to ROF.

资产负债率则表现为既直接与审计费用率相关，又通过资产规模间接与审计费用率相关；

The debt/ asset ratio ( DAR) is used as the scale index of financing structure. Meanwhile the study sets operations ratio ( pre-receivables) and financing ratio ( issuance of bonds and bank loans) to indicate the debt channels.

在解释变量上，采用资产负债率（DAR）来衡量企业的融资结构，并设置经营活动比率（企业的预收款）和筹资活动比率（发行债券和银行借款）来表示融资渠道。

In the part of empirical research for financial characteristics, the univariate analysis and binary Logistic regression analysis showed that the size of listed companies SIZE, asset-liability ratio DR and the Tobin Q influence great on the refinancing.

在财务特征因素的实证研究部分，通过单变量分析和二元Logistic回归分析发现，上市公司的规模SIZE、资产负债率DR以及托宾Q对再融资的影响作用显著。

The third, the debt radio to assets is quite low.

三是资产负债率较低。

Secondly, Comprehensive score F of the financing effect of the debt rises with the rising of the asset-liability ratio. After reaching a certain critical value, F drops with the rising of the rising of the asset-liability ratio, there is optimum capital structure.

第二，债务融资效应的综合得分F随资产负债率的上升而上升，到某一临界值以后，F随资产负债率的上升而下降，存在最优资本结构。

And it uses the Kruskal-Wallis test and LSD test to examine the financial structure of the enterprise, it presents significant differences in the different life cycle stage.

接下来利用Kruskal-Wallis检验和LSD检验得出，企业的资产负债率在不同生命周期阶段具有显著的差异。

There are some differences between the township hospitals for the asset-liability ratio.

不同乡镇卫生院的资产负债率存在一定的差异。

Asset-liability ratio is used to describe the capital structure, and the General financial performance, Tobin's Q and the EVA per capital are used to describe the firm performance respectively.

本文采用资产负债率来反映上市公司的资本结构，分别以财务综合绩效、托宾Q值和单位经济增加值指标来反映上市公司绩效。

A Study on Convertible Bond for Dynamic Adjustment of Target Asset-liability Ratio

可转换债券对目标资产负债率动态调整的研究

Moreover, this study find that CEO turnover decision is related positively to the asset-liability ratio significantly, the same as to the ownership concentration.

另外，本文发现资产负债率以及股权集中度与CEO更换显著正相关。