【正文】 的理論與實(shí)證分析，從優(yōu)化債務(wù)期限結(jié)構(gòu)、發(fā)展企業(yè)債券市場(chǎng)、提高公司的盈利水平、擴(kuò)大流通股比例，保護(hù)中小股東權(quán)益等四個(gè)方面提出了優(yōu)化資本結(jié)構(gòu)的對(duì)策。 debt paying ability factor and asset liability ratio and the debt to asset ratio was negatively correlated, and the effect was remarkable, suggesting that solvency was strong, its lower debt ratio。 The scale factor was positively correlated with assetliability ratio and liquidity ratio relations。s shareholding, corporate debt was lower。 longterm assetliability ratio failed the test of significance of regression equation that all variables were unable to explain the size of the longterm assetliability ratio. Finally, in view of status quo of agricultural capital structure of listed panies in China, problems and influencing factors of theory and empirical analysis, from the optimization of debt maturity structure, developing corporate bond market, improving the level of profitability, expanding the proportion of tradable shares, protection of rights and interests of minority shareholders and improving corporate governance structure putted forward the countermeasures of optimizing the capital structure in four aspects. Keywords: Agricultural Listed Companies 。 Influencing Factors 目 錄 目 錄 第一章 緒 論 ........................................................................................................... 1 研究背景 ...............................................................................................................1 研究目的和意義 ............................................................................................... 2 研究目的 ........................................................................................................ 2 研究意義 .......................................................................................................... 2 國(guó)內(nèi)外研究動(dòng)態(tài)及評(píng)述 ..................................................................................... 3 國(guó)外研究動(dòng)態(tài) ...............................................................................................3 國(guó)內(nèi)研究動(dòng)態(tài) ................................................................................................4 國(guó)內(nèi)外研究動(dòng)態(tài)評(píng)述 .................................................................................... 5 研究思路和方法 ................................................................................................. 6 研究思路 .......................................................................................................... 6 研究方法 .......................................................................................................... 6 論文創(chuàng)新之處 ...................................................................................................... 7 第二章 資本結(jié)構(gòu)基礎(chǔ)理論 ...................................................................................... 9 早期資本結(jié)構(gòu)理論 ............................................................................................. 9 凈收益理論 .................................................................................................. 9 凈營(yíng)業(yè)收益理論 ............................................................................................ 10 傳統(tǒng)折衷理論 ................................................................................................ 10 現(xiàn)代資本結(jié)構(gòu)理論 ........................................................................................... 11 定理 ..........................................................................................................11 米勒模 型 ..........................................................................................................12 權(quán)衡理論 ..........................................................................................................13 新資本結(jié)構(gòu)理論 ................................................................................................13 代理成本理論 ................................................................................................ 13 信號(hào)傳遞模型 ................................................................................................ 14 優(yōu)序融資理論 ...........................................................................................15 啟發(fā)與思考 ....................................................................................................... 16 第三章 我國(guó)農(nóng)業(yè)上市公司資本結(jié)構(gòu)現(xiàn)狀分析 .................................................... 17 農(nóng)業(yè)上市公司的界定 ....................................................................................... 17 農(nóng)業(yè)上市公司數(shù)量偏少 ................................................................................ 19 農(nóng)業(yè)上市公司規(guī)模偏小 ................................................................................ 19 農(nóng)業(yè)上市公司行業(yè)分布廣泛 ......................................................................... 20 農(nóng)業(yè)上市公司區(qū)域分布不均 .........................................................................20 農(nóng)業(yè)上市公司經(jīng)營(yíng)業(yè)績(jī)不佳 ........................................................................ 21 農(nóng)業(yè)上市公司棄農(nóng)現(xiàn)象嚴(yán)重 ........................................................................ 21 我國(guó)農(nóng)業(yè)上市公司資本結(jié)構(gòu)的特征分析 ........................................................ 22 農(nóng)業(yè)上市公司資產(chǎn)負(fù)債率水平較低，呈上升趨勢(shì) ...................................... 22 農(nóng)業(yè)上市公司資產(chǎn)融資結(jié)構(gòu)失衡，內(nèi)源融資比例偏小 .............................. 22 農(nóng)業(yè)上市公司債務(wù)內(nèi)部結(jié)構(gòu)不合理，長(zhǎng)期負(fù)債比例偏小 ...........................23 農(nóng)業(yè)上市公司股權(quán)集中程度較高，流通股比重上升 ...................................24 第四章 農(nóng)業(yè)上市公司資本結(jié)構(gòu)影響因素理論分析 ............................................. 27 宏觀因素 ........................................................................................................... 27 經(jīng)濟(jì)發(fā)展水平 ................................................................................................ 27 通貨膨脹 .......................................................................................................27 實(shí)際貸款利率 .......................................................................................