The Empirical Research On Structure Of Working Capital And Enterprise Performance Of The Listed Power Companies

The power industry goes first on the basis of the improvement of economy. Power industry has the Protective use in the economic construction of our country. Therefore , studying the working capital of listed power companies is of theoretical and practical importance. This article take the listed power companies for example, using the theory of structure to do deeply analysis and empirical research. There is some innovation of research thoughts and research methods in the article in this area, the main research work and findings are as follows:First, the article analyzes the concept of working capital management on the basis of companies operating funds identity, working capital management concepts, working capital management principles of structural issues such as the focus of analysis. Pointed out the main elements of working capital structure their respective in-depth theoretical analysis and research, and noted that working capital structure of the electricity industry characteristics.Secondly, the article chooses 47 listed power companies as an analytical sample through multiple SPSS statistical analysis software, linear regression, analyzes the working capital structure and corporate performance of year 2004 by using empirical studies . In fact, evidence of research findings are : current / long-term assets and enterprise performance is a relevant relationship; Current liabilities / long-term liabilities associated with the enterprise performance into negative relationship, but not dramatically; current assets / current liabilities associated with the enterprise performance into negative relationship,...