服装业资本结构与经营业绩关系研究.docVIP

摘 要 服装业的发展对于推动中国经济的发展具有巨大的作用，2005年服装业产值达到总产值的十分之一。服装业要发展就必须不断提高经营业绩，并有足够的资金支持，企业的资金结构对经营业绩有着重要的影响。2008年爆发的金融危机对我国出口型工业制造业影响甚大,对纺织服装业的影响尤为严重。为此, 本文从企业营运资金结构对经营绩效的影响入手，选取了59家纺织服装企业作为分析样本,采用多元统计分析软件 SPSS中的线性回归法,对2008年纺织服装企业营运资金结构对企业绩效的影响进行了实证研究。实证结果显示:流动资产比例与净资产收益率呈显著正相关关系；流动负债比例和流动比率与净资产收益率呈显著负相关关系。根据实证分析结果,本文提出了优化我国纺织服装企业营运资金结构的对策建议,以便为企业管理者提供营运资金管理的依据和参考。 关键词：服装业 资本结构 营运资金 经营业绩 Abstract The development of the apparel industry to promote the development of Chinas economy has a huge role, garment industry output value reached one over ten of the total output value in 2005. Clothing industry to development it is necessary to constantly improve the business performance, and have enough money to support, enterprises capital structure has important influence on business performance. In 2008 the outbreak of the financial crisis impact on export-oriented manufacturing industry of our country, influence on textile apparel industry is particularly serious. To this end, this article from the enterprise working capital structure impact on business performance, this paper selected the 59 textile and garment enterprises as the analysis sample, using multivariate linear regression method, the statistical analysis software SPSS for 2008 textile and garment enterprise working capital structure impact on enterprise performance has carried on the empirical research. The empirical results showed that current assets ratio and return on equity has significant positive correlation; Current liabilities ratio and current ratio and return on equity has significant negative correlation relationship. According to the results of this empirical analysis, this paper puts forward the optimization of Chinas textile and garment enterprise working capital structure of the countermeasures and Suggestions, so that enterprise managers provide basis and reference of working capital management. Keywords: The clothing industry The capital structure Working capital Business performance 目