我国农业上市公司债务结构与企业绩效相关性研究

Correlation between the Debt Structure and Performance of Listed Agriculture Companies

以2010年~2013年农业上市公司债务期限结构和债务来源结构为研究对象,分析两者和企业绩效的相关性。数据显示,目前我国农业上市公司流动负债比例过高,银行借款比例尤其是短期银行借款比例较大,商业性债务比例不足;同时四年的数据表明,非流动负债比例与企业绩效呈现显著正相关关系,短期银行借款比例和企业绩效呈现显著负相关关系。

This paper takes the debt maturity structure and debt source structure of listed agriculture companies in 2010-2013 as the research objective , and investigates the correlation between them and company performance .It is found that the ratio of cur-rent liability of listed agriculture companies is too high , bank loan proportion and especially short-term bank loan proportion is al-so very high, but the ratio of commercial debt is insufficient .Meanwhile, the four years'data indicates that non-current liability ratio and corporate performance have a significant positive correlation whereas short -term bank loan proportion and corporate per-formance show significant negative correlation .