Research On Financing Structure And Performance Of Listed Companies About Pharmaceutical Industry In Heilongjiang Province

Researching financing structure theory has become popular since MM theory was born in 1879, The MM theory hypothesis is an ideal state not in a real life. Later research scholars and experts at home and abroad relax the assumptions and form new theory on the basis of the MM. Enrich the theory of financing structure from the breadth and depth. From the original early financing structure theory, developed into a modern financing structure theory, to the present new financing structure theory, study more and more mature. Research different of financing structure in many ways how to affect corporate Performance, the key to governance modern corporate issues are also researching it, Whether financing structure is reasonable has much relationship with corporate Performance, even affect the company’s future development strategy and development direction.The pharmaceutical industry is a national fundamental industry, and has a close relationship with the national economy and people’s livelihood. With the deepening of the reform of state for the pharmaceutical industry,increasing the aging population,the improvement of people’s living standards and high demand for health care, it’s more and more important to develop the healthy the pharmaceutical industry. The domestic and foreign scholars and experts are less on the research of the pharmaceutical industry, so it is necessary to and study combine the financing structure and corporate performance. The research object of this paper is five listed companies of pharmaceutical industry in Heilongjiang, respectively Harbin pharmaceutical shares, sanchine(the people with Thai), pharmaceuticals, sunflower pharmaceutical and treasured island of equilibrium. Through the selection of index of financing structure and corporate performance indicators selection, this paper studied five listed companies’ characteristics of the relevant analysis and regression analysis, finally aimed at the problem in the research, put forward the corresponding countermeasures.