新疆库尔勒香梨股份有限公司资本结构问题研究(93页).rar
新疆库尔勒香梨股份有限公司资本结构问题研究(93页),摘要作为我国各个行业排头兵的上市公司，无论是企业的经营状况，还是企业的组织管理都可以说是其他企业的榜样，也是其他企业未来发展模式的趋势。重点研究我国上市公司的资本结构优化问题，对我国所有企业的融资决策的制度，以及现代企业制度的建立都有很大的指导意义。本文以现代资本结构优化理论为理论基础，采用定量分析和定性分析两种方法对...
该文档为压缩文件,包含的文件列表如下:
内容介绍
原文档由会员 白痴学东西 发布
摘要
作为我国各个行业排头兵的上市公司，无论是企业的经营状况，还是企业的
组织管理都可以说是其他企业的榜样，也是其他企业未来发展模式的趋势。重点
研究我国上市公司的资本结构优化问题，对我国所有企业的融资决策的制度，以
及现代企业制度的建立都有很大的指导意义。
本文以现代资本结构优化理论为理论基础，采用定量分析和定性分析两种方
法对香梨股份公司的资本结构的现状、影响因素及优化问题进行了比较深入的研
究。首先详细地介绍了资本结构优化理论，并对影响资本结构的因素和确定最优
资本结构常用的方法展开分析，为讨论以后各章奠定理论基础。其次对香梨股份
的现状和存在的问题进行分析，在此基础上得出结论:优化新疆库尔勒香梨股份
有限公司(以下简称香梨股份)资本结构已经迫在眉睫。针对目前公司资本结构
不合理的现状，设计一套最优资本结构的模型，解决公司资本结构的最优值和合
理区间的问题，阐述了公司为达到这一目标采取的融资行为。最后进一步探讨公
司资本结构优化措施的确定原则及采取的具体措施。本论文贡献之处在于确定最
优资本结构的方法上，运用西方资本结构理论，结合公司实际情况，设计出一套
具体而又实用的方法—优化资本结构模型。
【关键词】上市公司 资本结构 优化理论
1.导言········································································……1
1.1选题的背景及意义················································……1
1.2研究的内容及方法················································……3
1.3本文的框架结构···················································……4
2资本结构优化理论综述················································……6
2.1资本结构的定义····························……”···············……6
2.2资本结构理论的发展·············································……6
2.2.1传统资本结构理论·············································……6
2.2.2现代资本结构理论·············································……7
2.2.3新资本结构理论················································……9
2.3最优资本结构的分析·············································……12
2.3.1影响资本结构的因素··········································……12
2.3.2确定最优资本结构常用方法的介绍··················..····……14
3香梨股份的现状分析··············································……18
3.1香梨股份基本概况················································……18
3.2香梨股份所属行业评述··········································……20
3.2.1我国果品行业现状·············································……20
3.2.2影响果品行业发展的有利和不利因素·····················……21
3.3香梨股份区位分析················································……23
3.3.1区位内的自然和基础条件····································……23
3.3.2区位内政府的产业政策和其他相关的经济支持·········……23
3.4香梨股份市场分析……:·········································……24
3.4.1市场风险·························································……24
3.4.2产品的竞争能力················································……24
3.4.3产品的市场占有率·············································……25
3.5香梨股份经营管理能力分析····································……25
3.5.1采购系统·························································……25
3.5.2生产系统············、··················……..i·················……25
3.5.3销售系统·························································……26
3.6香梨股份财务质量评价体系分析······························……26
3.6.1盈利能力·························································……26
3.6.2偿债能力·························································……29
3.6.3经营能力····················..
作为我国各个行业排头兵的上市公司，无论是企业的经营状况，还是企业的
组织管理都可以说是其他企业的榜样，也是其他企业未来发展模式的趋势。重点
研究我国上市公司的资本结构优化问题，对我国所有企业的融资决策的制度，以
及现代企业制度的建立都有很大的指导意义。
本文以现代资本结构优化理论为理论基础，采用定量分析和定性分析两种方
法对香梨股份公司的资本结构的现状、影响因素及优化问题进行了比较深入的研
究。首先详细地介绍了资本结构优化理论，并对影响资本结构的因素和确定最优
资本结构常用的方法展开分析，为讨论以后各章奠定理论基础。其次对香梨股份
的现状和存在的问题进行分析，在此基础上得出结论:优化新疆库尔勒香梨股份
有限公司(以下简称香梨股份)资本结构已经迫在眉睫。针对目前公司资本结构
不合理的现状，设计一套最优资本结构的模型，解决公司资本结构的最优值和合
理区间的问题，阐述了公司为达到这一目标采取的融资行为。最后进一步探讨公
司资本结构优化措施的确定原则及采取的具体措施。本论文贡献之处在于确定最
优资本结构的方法上，运用西方资本结构理论，结合公司实际情况，设计出一套
具体而又实用的方法—优化资本结构模型。
【关键词】上市公司 资本结构 优化理论
1.导言········································································……1
1.1选题的背景及意义················································……1
1.2研究的内容及方法················································……3
1.3本文的框架结构···················································……4
2资本结构优化理论综述················································……6
2.1资本结构的定义····························……”···············……6
2.2资本结构理论的发展·············································……6
2.2.1传统资本结构理论·············································……6
2.2.2现代资本结构理论·············································……7
2.2.3新资本结构理论················································……9
2.3最优资本结构的分析·············································……12
2.3.1影响资本结构的因素··········································……12
2.3.2确定最优资本结构常用方法的介绍··················..····……14
3香梨股份的现状分析··············································……18
3.1香梨股份基本概况················································……18
3.2香梨股份所属行业评述··········································……20
3.2.1我国果品行业现状·············································……20
3.2.2影响果品行业发展的有利和不利因素·····················……21
3.3香梨股份区位分析················································……23
3.3.1区位内的自然和基础条件····································……23
3.3.2区位内政府的产业政策和其他相关的经济支持·········……23
3.4香梨股份市场分析……:·········································……24
3.4.1市场风险·························································……24
3.4.2产品的竞争能力················································……24
3.4.3产品的市场占有率·············································……25
3.5香梨股份经营管理能力分析····································……25
3.5.1采购系统·························································……25
3.5.2生产系统············、··················……..i·················……25
3.5.3销售系统·························································……26
3.6香梨股份财务质量评价体系分析······························……26
3.6.1盈利能力·························································……26
3.6.2偿债能力·························································……29
3.6.3经营能力····················..
