物流業(yè)資本結(jié)構(gòu)優(yōu)化區(qū)間的實(shí)證研究

1、分類號(hào): F830 UDC : 336密級(jí)： 公開 學(xué)校代碼:11065碩士學(xué)位論文物流業(yè)資本結(jié)構(gòu)優(yōu)化區(qū)間的實(shí)證研究郭賽賽指 導(dǎo) 教 師 ________ 張旭教授學(xué)科專業(yè)名稱_________ 金融學(xué)論文答辯日期 2017年 6 月 7 日AbstractAs the basic industry of our country, the healthy development of the logistics industry is

2、 of great significance to the national economic growth and the improvement of people's living standard. The value of logistics enterprises is closely related to the capital structure of enterprises. This paper takes

3、the listed companies of logistics industry as the research object, aims at analyzing the capital structure of the logistics industry and its influencing factors, making the financing activities of the logistics enterpris

4、es more effective, further optimizing the capital structure, and providing decision-making reference for the development of the logistics companies.At present, the academic community on the relationship between capital

5、structure and business performance has not yet reached a consistent conclusion. Both studies have shown that the two may present “positive correlation, negative correlation and irrelevant“ three relations. This paper is

6、no longer limited to the relationship between capital structure and performance of enterprises, but through factor analysis and cluster analysis method to find a good business performance of a class of companies as the t

7、arget company, the target company's capital structure interval as a capital structure Optimization interval. The main external factors are the development of national economy, the restriction of financial sector regu

8、lations, the development of capital market, the development of capital market, the development of capital market, the development of capital market, the development of capital market, The attitude of investors and so on.

9、 The data show that the optimization range of capital structure of listed companies in China is 10% -40%. The reason is that the listed companies in the logistics industry are strongly preferred to equity financing and t

10、he debt structure is unreasonable. In order to further optimize the capital structure of China's logistics industry and improve the value of logistics enterprises, it is suggested that the financial institutions shou

11、ld relax the borrowing constraints on the logistics industry. The government should gradually improve the capital market and develop the bond market. Investors should increase investment in the logistics industry. Equity