中文摘要：

在管理防御理论框架下,应用社会心理学的计划行为理论,以公司经理人个人融资意向为出发点,解析了经理人基于管理防御动机对公司资本结构影响的作用机理,理论上推导出公司资本结构形成路径是一个由经理人管理防御的融资意向上升为公司融资决策进而转化为融资行为,最后形成特定资本结构的过程,并利用结构方程模型进行实证检验。实证结果表明,影响经理人个人融资意向的融资行为态度、主观规范、融资知觉行为控制对公司资本结构形成存在显著影响,但各因素对资本结构的影响程度存在差异。

英文摘要：

Based on the theory of planned behavior in the framework of managerial entrenchment,with the financing intention of manager as the starting point,capital structure＇s forming path is analyzed.And it is concluded that the forming path is a process of the managerial entrenchment＇s financing intention up to the firm＇s financing decision,and then to the firm＇s financing action,evidently to the firm＇s capital structure.The results on the structural equation mode show that the manager＇s financing attitude,subject norm and perceived behavioral control affect capital structure evidently,but the effect of each factor on the capital structure is different.