我国上市公司资本结构与经营绩效关系的实证分析

The Empirical Analysis on the Relationship between the Capital Structure and the Operating Performance of the Listed Companies in China

采用主成分分析和回归分析相结合的方法研究我国上市公司资本结构与经营绩效的关系。结果表明,我国上市公司资本结构和经营绩效之间存在负相关关系,且不存在上市公司资本结构的最优范围。

In order to study the correlation between the company’s operating performance and capital structure of listed companies in China,a combination of principal component analysis and regression analysis is used to construct a regression model.The results show that there is a negative correlation between the capital structure and operating performance of listed companies in China,and there is no optimal scope for the capital structure of listed companies.