企业:资本结构与财务业绩

On Capital Structure and Financial Achievement

以企业的资本结构为主题，从“资本结构与财务业绩之间的互动关系” 这一视角，认为资本结构作为内生财务工具和制度工具是影响企业财务业绩的因 素。同时，还对影响企业资本结构选择的因素，以及中国企业对“资本结构影响财务业绩” 观点的印证性进行了初步探讨。

Taking capital structure as the theme and starting from the interactiv ity of capital structure and financial achievement, the paper holds that the str ucture, as an endogenetic tool of financing and system, is a factor which exerci ses influence on financial achievement of enterprises. The paper also studied fa ctors affecting the selection of this structure and the confirmation by enterpri ses in this country of the opinion.