Abstract Taking Chinese A-share main board listed companies from 2001 to 2014 as samples, and from the perspective of corporate strategy management, this paper studied the influence of corporate Risk taking on the capital structure adjustment. It is found that：(1) There is significantly positive relation between corporate Risk taking on the Lerage adjustments. (2)The promoting effect exists serious asymmetry. To be more specific, from the point of adjusting speed, the promoting effect for over-indebted companies is more significant and strong; from the point of deviation degree, when the company is in excessive debt，Risk taking is more helpful to reduce the deviation degree.
2016, Vol. 13 
