The Empirical Analysis of Capital Structure and Company Performance of the Listed Companies in Real Estate Industry

摘要：

This paper selects 50 listed real estate companies from 2006 to 2008 as the object of study, and applies ROA as an indicator to evaluate the company performance, exploring the relationship between the capital structure and the company performance from the facts of the assets liabilit ies ratio, the proportion of state-owned shares and ownership concentration, company size and company growth. The positive results show that the assets liabilities ratio and the proportion of state-owned shares are inversely proportional to the company performance, and company size is positively correlated with the company performance. And the correlation between the remaining three variables and the company performance is not obvious.

关键词： real estate industry the listed companies capital structure company performance

作者: Zhang Ru Qiu Leyi

作者单位: Institute of Accounting, Zhejiang Forestry University, Hangzhou, P.R.China, 311300

会议类型: 国际会议

会议名称: 4th International Conference on Productinnovation Management(第四届产品创新管理国际会议)

会议地点: 武汉

会议语种:英文

页码: 414-417

在线出版日期: 2009-08-22（万方平台首次上网日期，不代表论文的发表时间）