摘要
以2015-2017年沪深A股房地产上市公司的面板数据为研究对象,实证检验了房地产内部控制质量、企业资本结构与财务绩效之间的关系。结果表明:房地产企业内部控制与财务绩效呈正相关;公司资本结构与房地产企业财务绩效呈正相关;此外,内部控制质量对其公司资本结构与财务绩效之间的关系具有正向调节作用。因此,提出房地产企业应优化公司资本结构、健全企业内部控制体系、增强企业资本结构与内部控制质量的整合效应等建议。
Taking the panel data of Shanghai and Shenzhen A-share real estate listed companies from 2015-2017 as the research object, this paper empirically tests the relationship between the internal control quality of real es. tate, the capital structure of enterprises and the financial performance. The results show that the internal control of real estate enterprises is positively correlated with financial performance, and the capital structure is positively correlated with the financial performance of real estate enterprises. The quality of internal control has a positive effect on the relationship between capital structure and financial performance. Therefore, it is suggested that the real estate enterprises should optimize the capital structure of the company, perfect the internal control system of the enterprise, and enhance the integration effect between the capital structure of the enterprise and the quality of the internal control.
作者
余萍
刘肖
朱剑峰
Yu Ping;Liu Xiao;Zhu Jianfeng(School of Business, Fuyang Normal University,Fuyang Anhui 236037;School of Economics, Fuyang Normal University,Fuyang Anhui 236037)
出处
《池州学院学报》
2019年第2期39-43,共5页
Journal of Chizhou University
基金
安徽省哲学社会科学重点项目(AHSKZ2018D15)
关键词
内部控制
资本结构
财务绩效
房地产行业
Internal Control
Capital Structure
Financial Performance
Real Estate
