林业企业资本结构优化研究--以吉林森工为例  

Study on Capital Structure Optimization of Forestry Enterprises--Taking Jilin Forest Industry as An Example

作　　者：梁硕 丁胜[1] LIANG Shuo;DING Sheng(College of Economics and Management,Nanjing Forestry University,Nanjing 210037,China)

机构地区：[1]南京林业大学经济管理学院,南京210037

出　　处：《中国林业经济》2021年第5期118-121,共4页China Forestry Economics

摘　　要：作为业内领头羊企业,吉林森工的资本结构优化对于林业企业提高企业经营绩效和企业价值有着较高的参考价值。通过对吉林森工经营现状的分析,得出其经营绩效整体下滑的结论,通过营业增长率,判断出吉林森工处于生命周期的成长期,运用多元线性回归模型探究影响其资本结构的因素。结果显示,处在成长期的吉林森工的资本结构重要影响因素为留存收益率。基于此,提出了提高盈利能力、扩展新融资渠道、扩展新业务等相关建议。As the leading enterprise in the industry,the capital structure optimization of Jilin Forest Industry has a high reference value for forestry enterprises to improve their business performance and enterprise value.Through the analysis of the present situation of Jilin forest industry,it concluded that the overall performance of Jilin forest industry was declining.Through the growth rate of business,it's judged that Jilin forest industry was in the growth period of its life cycle,and the factors affecting its capital structure were explored by using multiple linear regression model.The model results showed that the important factor affecting the capital structure of Jilin forest industry in the growth stage was the retained earnings rate.Therefore,it put forward some suggestions,such as improving profitability,expanding new financing channels and expanding new businesses.

关 键 词：生命周期 资本结构 融资 

分 类 号：F326.2[经济管理—产业经济]