Study On The Influence To The Listed Corporation Issued Preferred Stock Financing Structure

With the development of economy and the progress of financial innovation, preferred stock financing in the western developed capital market has been widely used, its role has been widely recognized. The same with the ordinary shares of preferred stock is a kind of internationally accepted stock, it with ordinary shares in the enterprise financing structure plays an important role in. With the accession of preferred stock financing means, China’s capital market financing channels have also been widening.Based on the review of the capital structure and preferred stock financing of research literature, learning, and Research on the advanced experience of developed countries preferred stock financing, found that the issuance of preferred equity financing has the practical advantage in Chinese. In the first case will notice to execute preferred stock financing(different ownership) listing Corporation as analysis object, through access to the data and collect from the financing of enterprises to raise funds before and after the point of view of the comparison of capital structure, financial risk, equity structure and the influence on the issuance of preferred stocks, preferred stock issuance effect on the financing structure of the enterprises have an intuitive understanding, analysis found that the issuance of preferred stocks had a positive effect on the company’s financing structure, and through analysis of different influence of preferred stock financing for private listing Corporation and the state-owned listing Corporation, draw the different conclusion preferred stock applications, and then presents some proposals for possible financing activities from the angle of enterprise decision.