文档介绍：房地产上市公司资产结构与企业绩效关系的实证研究
中国科技论文在线房地产上市公司资产结构与企业绩效关系#的实证研究*程子健,张俊瑞,王鹏(西安交通大学管理学院,西安 710049) 摘要:本文研究了房地产行业资产结构和企业绩效的关系。在借鉴原有资产结构研究文献的基础上,我们从房地产企业的经营特点入手,选取了我国2004~2008年沪深股市房地产上市公司作为有效样本进行实证研究,找出在国家收紧银根的经济政策下房地产行业资产结构与企业绩效之间的关系,并考察了企业营运能力对资产结构对企业绩效影响的调节作用。实证结果发现房地产企业资产结构对企业绩效存在显著影响,而营运能力对这种影响也存在一定程度的调节作用。最后本文针对研究发现为房地产企业提高绩效和解决我国房地产市场结构性矛盾提出了一些建议。关键词: 房地产;资产结构;企业绩效中图分类号: Relationship between Assets Structure and Enterprises Performance:Based on the Data of Listed Real panies of China 112CHENG Zijian, ZHANG Junrui, WANG Peng (1. School of Management, Xi'an Jiaotong University, Xi'an 710049; 2. School of Management, Xi'an Jiaotong University 710049) Abstract: We studied the relationship between assets structure and enterprises performance. Based on the literatures of assets structure and considering the operating characteristics of real estate industry, this paper investigates the impact of assets structure on enterprise performance and the moderating effect of operating abilities panies on this impact under the tight ary policy. By using the sample of real estate panies during the period between 2004 and 2008, we find that the assets structure affects the enterprise performance significantly, and the moderating effect of operating ability exists, too. Based on our findings, we try to put forwards some constructive advices for improving the enterprise performanc