纺织服装类上市公司资本结构与相关财务指标

The related financial indexes and capital structure of China textile apparels listed companies

为了研究我国纺织服装类上市公司相关财务指标对资本结构的影响,采用规范与实证相结合的方法,选取了57家纺织服装类上市公司进行研究.发现公司规模、现金流量能力和风险水平能显著影响公司的资本结构,其他方面没有显著结果.根据以上结果,提出了公司应尽可能全面考虑各项与资本结构相关财务指标的影响,以优化资本结构的建议.

In order to study the influence on the capital structure of China textile apparels listed companies related financial indexes,the method of combining the normative research and the empirical research is aolopted and the 57 textile apparels listed companies are selected.It is discovered that the company size,cash flow ability and the risk level have a significant impact on the company′s capital structure,and other aspects have no significance. According to the analysis of the causes of those results,some suggestion are put forward,such as the companies should comprehensively considered the influence of all kinds of the indexes related to the capital structure so as to optimize the capital structure.