微观因素对房地产上市公司资本结构的影响

An Empirical Study of the Micro Factors Affecting the Capital Structure of Listed Real Estate Companies

文章选取深沪市41家房地产上市公司2013—2015年的年报数据,用多元线性回归分析法,对公司规模、盈利能力、公司成长性、营运能力以及短期偿债能力这5个微观因素进行实证研究。在此基础上提出了优化房地产上市公司资本结构的建议。

Based on the 2013 -2015 annual report data of 41 listed real estate companies in Shenzhen and Shanghai Stock Exchanges, the authors of this paper conduct an empirical study of the 5 micro factors affecting the capital structure of listed companies in real estate industry, including company size, profitability, growth, operating capacity and short - term solvency by using multiple linear regression analysis. Based on the findings, some suggestions for optimizing the capital structure of the listed real estate companies are presented.