本科论文摘 要资本结构作为影响企业的资本成本和企业价值的重要因素，不仅是企业治理结果的具象反馈（企业相关利益者的利益权衡），更是影响一个国家或地区的总体经济增长和稳定的具体实践问题。优化上市公司的资本结构，直接关系到提升上市公司素质和投资价值、增强投资者信心以及促进资本市场的健康发展。因此，资本结构理论在理论研究与实践工作中都具有重要意义。基于现代静态资本结构理论，企业存在其目标资本结构（最优资本结构），但由于外部经济环境、企业自身局限性等原因，企业无法直接实现其目标资本结构，此时，企业需要进行资本结构的动态调整，而目前关于资本结构动态调整成本、速度及其驱动因素的相关理论研究较少，本文在目前资本结构动态调整的理论研究基础上，从资本结构动态调整的目的与标准出发，分析资本结构动态调整的影响因素，对系统流程进行挖掘性研究，探讨我国上市公司资本结构动态调整的局限性并提出相应完善的建议。但由于可获取数据有限，一些影响动态调整资本结构的因素未能纳入分析。关键字：上市公司，资本结构，动态调整本科论文AbstractAs affect the cost of capital of the enterprise capital structure and corporate value, the important factors that not only is the representational feedback to corporate governance (corporate stakeholders interests balance), but also influence a country or region's overall economic growth and stability of the concrete practice problem to optimize the capital structure of listed companies, is directly related to improve quality and enhance investor confidence and investment value of listed companies to promote the healthy development of capital market, therefore, capital structure theory in the theoretical research and practical work has important significance Based on the modern capital structure theory, the static enterprise is the target capital structure (the optimal capital structure), but because their own limitations of external economic environment, companies cannot achieve its target capital structure directly, at this point, the enterp...
