Relationship Study Of Strategic Emerging Industries Companies Financing Structure And Operating Performance

Post-financial crisis era, the battle for the commanding heights of the emerging strategic industries, has become the common choice of the world’s major countries. Especially in our country, is in a critical period of economic restructuring, the speed and scale of the strategic development of new industries fundamentally determines our country’s position in the international market and the overall competitiveness. However, the problem of financing constraints that hinder its development, the choice of the means of financing a direct impact on the financing structure, the financing structure of the company’s operating performance. Visible, adjust the financing structure and the purpose of financing to protect their business performance is to guide the healthy development of key strategic emerging industries company. However, for emerging industries of strategic corporate finance structure impact business performance, affect the degree of how much other issues, domestic scholars, little in-depth study.Therefore, using the latest company financial data, this strategic emerging industries listed companies as a research object, equity financing, debt financing, internal financing on behalf of the financing structure, the net return on assets, earnings per share on behalf of listed companies business performance indicators, the use of regression analysis for empirical research to analyze the business performance of the financing structure, obtained equity financing rate of the largest listed companies in the financing structure of strategic emerging industries, followed by internal financing, the minimum of debt financing; debt financing for business performance has a significant positive impact; equity financing rate significant negative impact on business performance; internal financing rate had no significant impact on business performance.Finally, the results of the analysis, to optimize the financing structure of China’s strategic emerging industries company to make relevant recommendations.