A Study on Capital Structure and Performance of Chinese Listed Company Under Industrial Environment
Empirical analysis indicates that there will be positive correlation between capital structure and corporate performance under industrial environment which is high resource abundance and high complexity; and there will be negative correlation between capital structure and corporate performance under industrial environment which is low resource abundance and low complexity. It also means that companys capital structure must be aligned with the industrial environment and this alignment or match has significant performance implications.
Industrial Environment Capital Structure Corporate Performance
YU Xiaohong
Institute of Modem Accounting, Jinlin Finance and Economic University,Changchun, P.R.130117
国际会议
大连
英文
158-162
2011-06-30(万方平台首次上网日期,不代表论文的发表时间)