股权分置改革对上市公司盈利能力影响研究毕业论文.docVIP

毕业论文 （2010届） 股权分置改革对上市公司盈利能力影响研究 摘 要 我国上市公司的股权分置问题是建设市场经济过程中遗留的重大制度缺陷。股权分置已成为资本市场健康稳定发展的瓶颈。因此5月首批金牛能源、三一重工、清华同方、紫江企业这四家上市公司进行股权分置改革试点以来，上市公司进行股权分置改革后的表现就一直受到广大投资者关注。文章以股权分置改革为契机，在以往研究的基础上，以股权结构为联结点，围绕上市公司股权分置改革和公司盈利能力的内在联系，深入分析股权分置改革对我国上市公司盈利能力的影响。本文以三一重工为例，分析研究股权分置改革对三一重工盈利能力的影响，并且为提高盈利能力提供一些建议。 关键词：Abstract In our country the problem of equity division in listed companies is the important system defects lefted in the process of the construction of market economy. Equity division has become the bottleneck of the development of the healthy and stable capital market. Therefore, in 2005, the China securities regulatory commission issued the notice of the reform of non-tradable shares in some listed companies, which having opened the prelude of non-tradable share reform in our country. Since May 2005 Taurus Energy, Trinity Caterpillar, Tsinghua Tongfang and Zijiang Enterprise making the first reform of non-tradable shares, the majority of investors concern the performance of these companies. Basing on the reform of non-tradable shares as the turning point and the past research, connecting with equity structure and centering on the internal relations of the reform of non-tradable shares and the profitability of listed companies, the paper deply analysis the reform of non-tradable shares influencing the profitability of listed companies. Selecting Trinity Caterpillar as an example, this paper analysis the influence of share-trading reform to the profitability and provides some suggestions to improve profitability. Keywords: Reform of Non-tradable Shares; Equity Structure; Profitability 目 录 1 股权分置改革概述 1 1.1 股权分置的概念 1 1.2 股权分置的由来及危害 1 1.2.1 1 1.2.2 股权分置的危害 2 1.3 股权分置改革的进程 2 1.4 股权分置改革的必要性 4 2 股权分置改革对公司股权结构的影响 5 2.1 股权结构的涵义 5 2.2 股权分置改革前我国股权结构的特征 5 2.3 股权分置改革对我国上市公司股权结构的影响 6 3 股权分置改革对上市公司盈利能力的影响 8 3.1 上市公司盈利能力指标体系 8 3.1.1 盈利能力的概述 8 3.1.2 上市公司盈利能力分析指标 8 3.2 股权分置改革对上市公司盈利能力的影响 9 4 三一重工股份有限公司股权分置改革对盈利能力的影响分析 11 4.1 三一重工股份有限公司简介 11 4.2 三一重工股权分置改革基本情况 11 4.3 股权分置