Research on the Impact of Urban Rail Transit on the Financing Constraints of Enterprises from the Perspective of Sustainability

Urban rail transit (URT) is closely related to the sustainable development of city. In addition traffic improvements, it also brings social and economic benefits. From perspective sustainability, we discuss effect urban on financing constraints companies listed China A-share stock market (A-share, common stocks issued by registered in for domestic institutions, organizations or individuals subscribe trade RMB) further explore whether level financial has an above relationship. The results show that: (1) Financing are among sample enterprises, later opening year transit, greater degree constraints; (2) beneficial alleviate companies, this mitigating mainly exists samples with high relevance transit; (3) higher development, smaller corporate (4) Financial may influence relationship between transit. With improvement level, alleviating less pronounced. This study gives some references improve promoting