By the agency costs theory and the expectation theory, the relationships between the enterprise debt maturity structure and the economic aggregate indexes such as the economic development level, the inflation, the money supply, and the macro-tax burden are empirically tested, and the result shows that the GDP growth rate and the macro-tax burden present the positively correlative relationship with the enterprise debt maturity, and the inflation and the money supply present the negatively correlative relationship with the enterprise debt maturity, and the both relativities are significant, which indicates that the debt maturity structure of Chinese listed companies is significantly influenced not only by many interior characteristics such as the enterprise size, the assets maturity, and the growth, but also by the macroeconomic factors.
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