[1]张静晓,李 慧,周天华,等.建筑业企业资本结构、业务蔓延与盈利绩效——以土木工程上市公司为例[J].西安建筑科技大学学报:自然科学版,2014,46(03):454-460.[doi:10.15986/j.1006-7930.2014.03.027]
　ZHANG Jingxiao,LI Hui,ZHOU Tianhua,et al.The capital structure, business extension and profitable performance of construction enterprisescivil engineering listed company taken as an example[J].J.Xi’an Univ. of Arch. & Tech.:Natural Science Edition,2014,46(03):454-460.[doi:10.15986/j.1006-7930.2014.03.027]
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建筑业企业资本结构、业务蔓延与盈利绩效——以土木工程上市公司为例()
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西安建筑科技大学学报:自然科学版[ISSN:1006-7930/CN:61-1295/TU]

卷:
46
期数:
2014年03期
页码:
454-460
栏目:
出版日期:
2014-06-30

文章信息/Info

Title:
The capital structure, business extension and profitable performance of construction enterprisescivil engineering listed company taken as an example
文章编号:
1006-7930(2014)03-0454-07
作者:
张静晓; 李 慧; 周天华; 翟 颖
(长安大学建筑工程学院,陕西 西安 710064)
Author(s):
ZHANG Jingxiao;  LI Hui;  ZHOU Tianhua;  ZHAI Ying
(School of Civil Engineering, Chang’an University, Xi’an 710064 ,China)
关键词:
建筑业企业; 资本结构; 业务蔓延; 赢利绩效; 管理绩效
Keywords:
Construction Enterprises;  Capital Structure;  Business Expansion;  profitable performance;  management performance
分类号:
TU-9
DOI:
10.15986/j.1006-7930.2014.03.027
文献标志码:
A
摘要:
为了针对性地探索分析土木工程大型建筑业企业的资本结构、业务蔓延对赢利能力的贡献关系,以我国土木工程建筑业企业21 家上市公司近5~7 年的混合数据为对象,采用面板数据分析方法,从资产收益、总资产报酬和营业利润等三个维度测算了资本结构、业务蔓延等变量对企业盈利绩效的贡献作用,研究发现:(1)土木工程建筑企业上市公司虽然资本结构、业务蔓延和企业规模等差异明显,但是营业利润率、总资产收益和管理绩效水平趋同,且大部分处于平均水平以下状态; (2)管理绩效和业务蔓延对企业获利能力具有负向制约作用
Abstract:
In order to explore and analyze the contribution of capital structure and business extension to the profitable performance in the large Civil Engineering Construction Enterprises pointedly, this article, based on the mixed data in the recent 5 to 7 years of 21 Listed Company of Civil Engineering Construction Enterprises in China with the method of panel data analysis, has measured the contribution of variables such as capital structure, business extension to the profitable performance of enterprises from three dimensions, which are asset return, total asset payment, and operating profit. Research finds: (1) Although there exist significant differences regarding to asset structure, business extension, and enterprise scale among the Companies of Civil Engineering Construction Enterprises Listed, the rate of operating profit, total asset return, and the level of management performance tend to be similar, and are almost below the average level; (2) The management performance and the business extension have negative restrictions to the profitable performance of enterprises.

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　ZHANG Jing-xiao,LI Hui.Analysis on the reliability assessment of the construction enterprises innovation net in China s construction industry[J].J.Xi’an Univ. of Arch. & Tech.:Natural Science Edition,2012,44(03):406.[doi:10.15986/j.1006-7930.2012.03.017]

备注/Memo

备注/Memo:
收稿日期:2013-10-27 修改稿日期:2014-06-16
基金项目:国家自然科学基金资助项目(71301013);教育部规划基金项目(13YJA790150);陕西省社科联资助项目(2013Z065)
作者简介:张静晓(1981-),男,博士,副教授,硕导,主要从事建筑经济与服务管理研究. E-mail:zhangjingxiao@chd.edu.cn
更新日期/Last Update: 2015-09-01