价值提升视角的我国火电类上市公司融资行为研究-工商管理专业论文.docxVIP

AbstractThermal Abstract Thermal power is the main way for power generation in our country，thermal power listed companies，as the main part of power supply enterprises，will still play a major role in solving the problem of electricity shortage in the future．For imperfect development of capital market，our economic system is different from that of western developed countries．Different financing behavior has different effect on the value promotion of thermal power listed companies．Thus，under the circumstances of Our capital market and economic system，the research on financing behavior of listed companies from the perspective of value enhancement is of great significance for enterprise development． The thesis systematically discusses financing behavior of thermal power listed companies with many research methods such as literature research，empirical analysis， normative analysis and SO on．Main content：First point，from research on financing behavior of Chinese thermal power listing corporations through statistical analysis， we find they have obvious bond financing preference，then internal financing，the last is equity financing．Second point，we analyze the influence factors of value enhancement for thermal power listed company，mainly analyze following five factors： financing behavior，profitability，developing capability，operation capacity and enterprise scale．Third point，through regression analysis on 20 1 0-20 1 4 financing behavior of Chinese thermal power listed companies by using SPSS 1 9．0 statiaical analysis software，we find out the real factors influenced the enterprise value．Finally， according to results of descriptive analysis and empirical analysis，we put forward suggestions and measures to improve financing behavior of thermal power listed company in Our country，SO as to improve enterprise value． The main conclusions of the thesis include：Firstly，long-term debt fmancing ratio of Chinese thermal power listed company is negatively related to the enterprise value．Seco