| 摘要: |
| 对2006 2013年的28家重庆上市公司财务数据进行考察研究，建立面板数据模型，实证分析得出盈利能力、偿债能力、成长能力、分红能力与资本结构呈负相关，营运能力、现金流量与资本结构呈正相关；建议重庆要持续推进长江上游金融中心建设，创新融资方式；同时，重庆上市公司应充分认识资本结构的各个因素，加强企业管理，完善信息披露制度，严格遵守法律法规。 |
| 关键词: 上市公司 资本结构 影响因素 |
| DOI： |
| 分类号: |
| 基金项目: |
|
| Empirical Study on Influential Factors of Capital Structure of Listed Companies——Taking Chongqing as an Example |
|
ZHANG Yang zhou
|
| Abstract: |
| This paper makes examination and research on the financial data of 28 Chongqing listed companies during 2006 2013 and sets up panel data model. Empirical analysis shows that there is a negative correlation among profiting capacity，debt repayment capacity，growing capacity，dividend capacity and capital structure and that there is a positive correlation among operation capacity，cash flow amount and capital structure. Finally this paper suggests that Chongqing should continuously boost financial center construction at the upper reaches of the Yangtze River by innovating financing methods，the listed companies of Chongqing should sufficiently understand each factor of capital structure，consolidate enterprise management，perfect information disclosure system and strictly follow laws and regulations. |
| Key words: listed company capital structure influential factor |
