上市公司资本结构与盈利能力关系的实证分析

he modern enterprise financing decision-making theory holds that the concept of corporate capital structure is more important. As a social and economic entity with profit for the purpose of listed companies, listed companies occupy an important position in the national economic system, and their relationship between asset structure, capital structure and profitability is more Investors are concerned that it is also one of the important indicators to measure whether corporate financing decisions are reasonable. In addition to macro factors such as GDP growth rate, factors affEmpirical analysis of the relationship between capital structure and profitability of listed companiesecting capital structure include micro-factors such as profitability, growth and industry. When companies make financing, they are often based on the current profitability of the company. The main research in China is concentrated in the financial and real estate industries. By studying the relationship between the profitability and capital structure of listed logistics companies, it is found that the fixed capital of logistics enterprises has a large positive impact on earnings, which is contrary to the traditional view. Therefore, proper debt increase is conducive to enhancing profitability; shareholder equity is also highly correlated with the company's future development trend.