电力行业上市公司资本结构影响因素研究  

Research on the Factors Influencing the Capital Structure of Listed Companies in the Power Industry

作　　者：谢慧 

机构地区：[1]河北地质大学管理学院,河北 石家庄

出　　处：《金融》2023年第4期737-744,共8页Finance

摘　　要：电力行业作为我国基础性产业之一,其资本结构的完善对进一步的发展有着重要的影响,因此本文以电力行业14家上市公司作为样本,基于2021年该行业上市公司的面板数据,对资本结构影响因素进行实证研究。结果表明:偿债能力、盈利能力以及营运能力与企业资本结构负相关;发展能力和公司规模与企业资本结构呈正相关。最后根据研究结果,对电力行业的发展提出了相关对策与建议。As one of the basic industries in China, the perfection of capital structure of the power industry has an important impact on further development, so this paper takes 14 listed companies in the power industry as a sample and conducts an empirical study on the factors influencing capital structure based on the panel data of listed companies in this industry in 2021. The results show that: solvency, profitability and operating capacity are negatively related to corporate capital structure;development capacity and company size are positively related to corporate capital structure. Finally, based on the research results, relevant countermeasures and suggestions are proposed for the development of the electric power industry.

关 键 词：资本结构 回归分析 电力行业 

分 类 号：F27[经济管理—企业管理]