大关中地区上市公司资本结构对公司业绩影响的实证研究

在对大关中地区上市公司资本结构与公司业绩进行实证研究后,表明大关中地区整体、第三产业上市公司资本结构对公司业绩产生负向影响,第二产业上市公司则是正向影响。通过进一步分析发现,大关中地区上市公司资本结构提高,激发了管理者的利益侵占行为,进而造成一定程度公司业绩的下滑,这是本地区上市公司资本结构对公司业绩影响的重要因素。

An empirical study about capital structure on the performance of big Guanzhong Area's listed companies

In this paper, empirical research of the big Guanzhong Area＇s capital structure of listed companies and the performance of the companies show that in the whole region, the tertiary industry capital structure of listed companies has a negative impact on the performance of the companies. While the listed companies in the sec- ondary industry are the txxsitive effects. Through further analysis we found that improving the capital structure of listed companies in the big Guanzhong Area has stimulated the interest of manager occupation behavior, which leads to the decline in the performance of the companies to a certain extent. This is the main factor that affects the performance of listed companies by their captical structure in the big Guanzhong Area.