我国饮料业上市公司资产结构与经营绩效的相关性

发布时间：2018-10-05 06:52

【摘要】：以深沪交易所的饮料业上市公司为研究对象,利用2010-2012年面板数据对公司资本结构与其经营绩效之间的关系进行实证研究。通过对样本数据的描述性统计和回归分析,发现饮料行业上市公司资本结构中流动资产和存货资产比重高低与其公司经营绩效呈显著负相关关系,无形资产和固定资产比重两个指标与经营绩效相关性不显著。分析认为,我国饮料业上市公司对于品牌等企业无形资产的效应理解不正确,生产和销售脱节。提出了饮料业上市公司应适当提高固定资产产能、减少流动资产占有,加强存货资产管理、提高资本结构中无形资产的比例,促进企业经营绩效提高的发展策略。
[Abstract]:Taking the listed companies in the beverage industry of Shenzhen and Shanghai Stock Exchange as the research object, this paper makes an empirical study on the relationship between the capital structure and the operating performance of the companies by using the panel data from 2010 to 2012. Through descriptive statistics and regression analysis of sample data, it is found that the proportion of current assets and inventory assets in the capital structure of listed companies in beverage industry is negatively correlated with their business performance. There is no significant correlation between intangible assets and fixed assets. The analysis shows that the effect of intangible assets such as brand is not understood correctly and the production and sale are out of step. It is suggested that the listed companies in the beverage industry should improve the production capacity of fixed assets, reduce the possession of current assets, strengthen the management of inventory assets, increase the proportion of intangible assets in the capital structure, and promote the development strategy of improving the business performance of enterprises.
【作者单位】：安徽新华学院商学院;
【基金】：全国教育科学规划教育部青年课题“大学生兼职对学业和就业影响的实证研究”(EIA130419) 安徽省高等学校省级质量工程项目“基于CDIO卓越计划下的财务管理专业人才培养模式探索与实践”(2013jyxm263) 安徽新华学院校级精品课程项目项目“基础会计”(2011jpkcx02)和“财务管理”(2011jpkcx01)
【分类号】：F832.51;F426.82;F406.7

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