The Study On The Capital Structure Of The Agricultural Listed Companies

The capital structure means composition and ratio among different items in the funds that the enterprises collect. It is always divided into two parts by different sources of the funds, one is inner, the other is outer. The former includes the depreciation and the retained income. The latter includes the ownership of shares and liabilities. It affects directly the capital cost level, the achievement of maximum aim and sustaining development of the enterprises. So it is very important to improve the capital structure and regulate the collecting behaviors for the listed companies that are poor in achievement.The paper bases on the theories of the modern capital structure and deeply studies the capital structure of the Chinese agricultural listed companies. In the course of the study, the author applies the knowledge of economics and finical management to analyze the capital structure in quality and quantity.The paper organized as following: the first part says the capital structure theories to lay the theories foundation for the next. The second part analyses the present condition of the agriculture listed company capital structure. The aim is to discribe to the capital structure of the agricultural listed companies and compare to the west developed countries .The third part analyses the forming reasons of the agriculture listed company capital structure. The forth is the total way of thinking that turn of agriculture listed company margin construction. It points out in the current actual circumstance in our country, excellent turn the margin construction is a process for gradually entering, should divide the step proceeding. The fifth is the measures to improve the agriculture listed companies capital structure. It begins with the macroscopic policy factor and the internal factor . In the foundation of our current country, pursuing the achievement of maximum aim of enterprise .we should put forward the excellent measure of agriculture listed company's capital structure.