Research On The Influence Of Financial Capital Operation On Profitability Of Non-financial Listed Companies

In the current under the background of economy slowdown, as well as the financialindustry rises a lot, in order to get the funds required for the production and operation in arelatively short time to boost performance, mostly non-financial listed companies began topermeate the financial sector., and capital management is an important means to achieve capitalvalue maintained and added, and can have an important role on the future development of thecompanies, the financial capital management also is a kind of important means of enterpriseprofit, the financial capital management decision important influence on the future developmentof enterprises, especially the enterprise future profitability.So as a strong power in our countryenterprise of the listed companies, in the process of vigorously in the financial sector, financialcapital operation situation requires careful consideration of the influence of corporateprofitability, the non-financial listed companies financial capital management to enterprise’sprofit ability can how much impact is to study the content of this article.This article firstly through reading and sorting a lot about the document of capitaloperations and profitability, extracted from many scholars literature summary, research focusless on financial capital management field. Secondly, combining with the data of non-financiallisted companies in our country, expounds on the current the current situation of thenon-financial capital operations and profitability of listed companies, to analyses therelationship between them. Again, through the use of non-financial listed companies in China in2007-2013,seven years data of listed companies, the financial capital operation affects theprofitability of descriptive statistics and regression analysis. In the process of specific empiricaltest, is proposed in this paper, the assumption that the financial capital holdings are negativelyrelated to profitability, profitability for the roe index, said the financial capital operation wasconducted according to the scale of financial assets, the financial asset holdings.The empiricalresults show that the non-financial listed companies in our country’s financial capital operationare negatively related to profitability. Finally, according to the empirical results from financialcapital control scale, improve the capital management ability of enterprise, and optimize thecapital structure, then put forward some proposals to enhance corporate profitability, in order topromote the prosperity of the financial sector.In this paper, the innovations embodied in the following two aspects: one is on the selectedtopic angle, combining with the current background of listed companies “financial”, theresearch of the listed company financial capital management to the enterprise profit ability,theinfluence of seven years from2007to2013financial data of listed companies,can better contrast analysis between the two trends. Second, on the index design, according to the relatedliterature to the interpretation of the financial asset holdings as a financial capital operationvariables, for subsequent empirical research.