Optimized Research on Capital Structure of Listed Companies in Chinese Real Estate Industry

Abstract

The real estate industry is the pillar industry of national economy, and its healthy development can promote the prosperity of finance, construction and manufacturing. From the perspective of capital structure, combined with situation of Chinese real estate listed companies and using the regression analysis, the paper found out related factors influencing the capital structure of real estate companies, and analyzed the influencing factors to capital structure of real estate companies from enterprise profitability, debt paying ability, enterprise size, ownership structure, income tax and enterprise growth; the result shows that the enterprise scale, debt paying ability, and ownership structure have a significant influence on the capital structure of real estate listed companies, but profitability, business growth and income tax have little impact on the capital structure.