美国教育学论文代写
公司资本结构决策的宏观经济和企业层面因素和影响。宏观经济层面因素和企业层面因素都将影响企业的资本结构决策。在这一点上，要理解商业风险，就需要理解影响结构的宏观经济因素。公司的商业风险将根据最优负债比率而变化。在商业风险更大的地方，可能会说投资者的安全感下降了。
公司有较好的稳定的投入收入流，并且保持较低的最优负债率，这样投资者就能够承担资本结构的责任。举个例子，税收暴露因素，这既是一个企业层面的因素，也是一个宏观经济因素，因为税收规则是在国家的宏观经济细节中制定的。这里的债务支付是可扣税的，公司的税率将根据从税收收入中产生的债务支付的形式来提高或降低。
Macroeconomic and Firm Level factors and Effect on Capital Structure Decisions in Firms
Both macroeconomic level factors and firm level factors will affect the capital structure decisions on a firm. At this point, to understand the business risk for instance, will be to understand a macroeconomic factor that affects structuring as presented from the industrial end. Business risk for a company will vary based on the optimal debt ratio. Where the business risk is greater, it could be said that investors fell less secure.
On the other hand, where the company has a better stable input revenue stream, and where a lower optimal debt ratio is maintained then the investors would be able to meet responsibilities for capital structuring. As an example here, take the tax exposure element, which is both a firm level factor and also a macroeconomic factor as tax rules are made in the macroeconomic detailing of the country. Here the debt payments are tax deductible and the company tax rate would be higher or lower based on the form of debt payments that arise from income in taxes.
