我国创业板上市公司资本结构影响因素的实证分析

我国的创业板才刚刚上市一年多,这些上市公司往往都具有高风险高收益的特征。创业板上市公司的融资结构的特殊性,必然会导致其经营规模、利润增长等方面与其他上市公司不同。创业板是我国建设资本市场的重要一步,对于高新技术产业走出融资困境具有重要意义。对我国创业板上市公司的资本结构进行实证分析,为我国创业板的上市公司选择合适的资本结构提供经验数据,实现以内源融资为主,债权融资为辅,股权融资次之的融资顺序。

Analysis on Capital Structure of Listed Companies on the GEM in China

China listed on the GEM is just more than a year,these listed companies often have the characteristics of high-risk and high return,the GEM Listing the special structure of the company's financing,will inevitably lead to its scale of operation,profit growth and other listed companies,etc.different.GEM of an important step in building the capital market for financing high-tech industry out of the plight of great significance.This article on the growth enterprise capital structure of listed companies empirica...