盈利能力视角下我国房地产行业上市公司绩效的影响因素分析

Analysis about key factors of China's real estate industry listed company's performance by profitability

房地产行业是影响中国宏观经济的重要因素．利用主成分分析法确定影响企业业绩的主要因素，以企业综合绩效指标作为被解释变量，构造一个多元回归模型，利用2010-2014年房地产行业上市公司的财务数据进行实证检验，结果显示：政府出台的相关政策对企业经济绩效有显著影响，企业的适度规模可以提高企业的盈利能力，企业的成本费用对企业的绩效有显著影响．

The real estate industry is a key factor affecting China＇ s macro - economy. Main influential factors, that of enterprises＇ economic performance, were determined, by way of principal components analysis, corporate comprehensive performance indicators were used as explained variable, and a multiple regression model was constructed by using financial data from 2010 to 2014 of real estate industry listed companies for empirical test. The regression result shows that related policies enacted by government have significant affection on enterprises performance, enterprises themselves keep moderate scale to improve profit capacity, and all kinds of cost has negative effect on corporation performance.