|
| 文章编号：1672-3104(2012)02-0111-06 |
| |
|
资产结构、资本结构与盈利能力关系的实证研究 |
| |
杨远霞，易冰娜 |
| |
|
（湖南涉外经济学院商学院，湖南长沙，410205；中南大学商学院，湖南长沙，410083） |
| |
| 摘 要： 选取湖南省2000~2009年间沪深两市的A股上市公司共367个有效样本进行了实证研究，以探索湖南省上市公司资产结构、资本结构与公司盈利能力之间存在的关系，为湖南省上市公司优化资产结构、资本结构，提高公司绩效提供经验数据。研究发现，湖南省上市公司的资产负债率、产权比率与公司盈利能力呈显著负相关关系，货币资金比率与盈利能力呈显著正相关关系，但流动资产比率、固定资产比率、无形资产比率与盈利能力的关系不显著。因此，优化资产结构、资本结构是提高湖南省上市公司盈利能力的重要途径。 |
| |
| 关键词： 湖南上市公司；资产结构；资本结构；盈利能力 |
| |
|
| |
An Empirical Study on Assets structure,
capital structure and profitability of listed companies |
| |
YANG Yuanxia, YI Bingna |
| |
（Business School, Hunan University of International Economics, Changsha 410205, China;
School of Business, Central South University, Changsha 410083, China） |
| |
| Abstract: This paper aims to explore the internal relations between assets structure, capital structure and profitability, and provide empirical data to optimize assets structure, capital structure, and performance for the listed companies in Hunan Province. The authors make an empirical study based on 367 valid samples of Shanghai and Shenzhen A-share listed companies of Hunan province in recent ten years. We find that Hunan Province listed company’s Ratio of liabilities to assets, equity ratio and profitability is negatively related, monetary capital ratio and profitability have significantly positive correlation, but the relationship of the liquidity ratio, fixed assets ratio, intangible assets ratio and profitability is not obvious. Accordingly, the important way to increase the profitability of Listed Companies in Hunan Province is to optimize assets structure and capital structure. |
| |
Key words: listed companies in Hunan Province; Assets structure; Capital structure; Profitability |
| |
|
|
