Capital Structure,Corporation Behavior And Corporation Performance

Capital structure is the proportion of all kinds of assets sources in companies. It reflects the financial relationship of firms under the condition of market economy. Virtually it is the profit relation among shareholders, creditors and managers. Capital structure is important to the development of enterprises. It influences the cost of finance, the value of corporation, governance structure and incentive mechanisms and further influences corporation behavior characters and corporation performance.The thesis makes the capital structure of Zhejiang listed corporations as research object, uses structure-behavior-performance research mode, and synthetically analyzes the relationship among capital structure, corporation behavior and corporation performance. On this basis, the thesis raises some suggestions of optimizing capital structure of Zhejiang listed corporations, and provides references to the development of civil corporations and state-enterprises and district government's economical policies.The thesis considers the capital structure of listed corporations as...