Analysis on the Impact of Location Factors on Financing Efficiency of Listed Companies

The data related to the company's geographic information in this paper are from RESSET database, the specific information related to company financing is from Cathay Tai'an CSMAR database, and the data related to geographical factors of each province from 2013 to 2017 are collected on the website of the National Bureau of Statistics, and the data sets of provinces and years are matched with the characteristics of the company, and finally sorted out to the data set processed in this paper. In this paper, considering the characteristics of financial financing, all financial data collected in this data set will be eliminated, and considering the impact of outliers on the accuracy of the model, this paper will remove all samples of special companies marked S, ST, ST* and so on, and finally get 6048 data of A-share listed companies in China from 2013 to 2017. Considering the distribution of samples, this paper makes about 1% tailing of all variables, and finally comes to the samples for descriptive analysis, correlation test and regression analysis. All data processing is done by STATA14.