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1、fli東大學(xué)碩{?學(xué)位論文__-__●__-__I"1I,m,,IIIIIIIIIIIll"I,IIIII■■ABSTRACTTheresearchoftherelationshipbetweentheassetsstructureandtheperformanceofthelistedcompaniesinourcountryistheoutcomeofthedevelopmentofo囂economy.Withthedevelopmentofourmarketeconomyandthestandardizationofthecomp
2、anies’rules,theresearchoftherelationshipbetweentheassetsstructureandtheperformancebecomesthefocusofthetheoreticalresearchandpracticalresearch.Now,undertherunningconditionofcapitalmarketinourcountry,ithaspracticalsignificancetoresearchtherelationshipbetweentheassetsstruct
3、ureandtheperformanceofthelistedcompanies。Assetsstructureproblemisanimportantprobleminenterprisefinancialdecision.Itreflectsthedegreeoftheuseofthefund.Rationalassetsstructurefunctionsasanecessaryconditionthatkeepenterprisesoperationnormalandhelprealizesoundcycleoftheireco
4、nomicactivities。IftheassetsstructuresofChinaenterprisesarenotrationalenough,itseriouslymenacestheexistenceanddevelopmentofenterprises,andyieldsunfavorableaffectionupontheentirenationaleconomy.Basedoncapitalstructuretheory,thispaperchoose8industriesclassifiedaccordingtoth
5、eCSMAR,analyzedthefinancialdataofthelistedcompaniesinstockmarketAandBfromyear2004to2006,showedtheirdifferenceinassetsstructureamongindustries。Theconclusionsareasfollows:Thedifferenceinassetsstructureissignificantamongdifferentindustries.Thedifferenceintherelationshipbetw
6、eentheassetsstructureandtheperformanceofthelistedcompaniesissignificantamongdifferentindustries.Now,Companiesshouldconsidertheindustrycharacteristicaswellasotherfactorstooptimizeitsassetsstructure.Thepaperhassixchapters:Thefirstchaptergenerallyintroducesthesignificanceof
7、thestudy,thebackgroundofthestudy,thestudyarea,thestudymethod,thestructurearrangementandcreativepointsofthepaper;Thesecondchapteraretheorybasisandliteratureanalysis,introducingtherelativetheoryandS爾大學(xué)碩fj學(xué)位論文relativeempiricalliteraturesonassetsstructureandthecorporateperfo
8、rmance;Thethirdchapterisdefiningthesamplestostudy,choosingcorporateperformanceandassetsstructureindex,b