Capital Structure Optimization And Countermeasure Study Of HeFei Meiling Joint-stock Company

Because China join the world trade organization, the local enterprise will face more competitive domestic and international market. If the business want to be placed in beneficial position in competition, it must work well the business management and the capital management in meantime, and build up reasonable capital structure. The firmness, healthy capital structure is the prior condition of the business enterprise existing and developing, is also the foundation that keeps the market competition ability. This text discovers in the research of MeiLing joint-stock company capital structure, the unreasonable capital structure, the margin outlet one, the higher debt ratio. This kind of unreasonable capital structure restricted of the quick development of MeiLing company to some extent. The reason included the last history problem, also having a realistic problem; Except of the reason of the macroscopic economic policy, there is also the reason of enterprise internal management.Aim at the unreasonable problem of MeiLing capital structure, combinating the author's research to the related problem, Aiming at the problem of how MeiLing company optimized its capital structure, this text have studied this problem in many angles, all-directions. It is considered that, in strategy, optimizing capital structure match to the business enterprise value -the enterprise'price to maximize; In tactics, adopting to some actually viable measures, such as building up a science management system and set up the right idea of capital operation, building a profession workteam of capital operation. With the help of this measure, MeiLing will change the present unreasonable condition, and make the company's capital operation well.