摘要
本文以房地产行业上市公司1998～2003年度的数据为样本,在一定的理论分析及其他因素的限定下,研究资本结构对盈利的影响.结果发现:在目前情况下,资本结构对于盈利将产生正向影响,但由于交易成本的作用,这种影响被严重削弱,甚至最终产生了负面影响.
Taking the data of real estate companies as samples from 1998 to 2003, it appears to us that the capital structure has a good impact in making profit through theory analysis and studies other factors. But because of the transaction cost, the impact has been seriously impaired and it has even produced negative influence finally.
出处
《上海立信会计学院学报》
2005年第5期41-46,共6页
Journal of Shanghai Lixin University of Commerce
关键词
房地产行业
资本结构
盈利
real estate industry
capital structure
making profit
