【作者】 苏丽群；

【导师】 王红英； 曹建华；

【作者基本信息】 江西农业大学 ， 林业经济管理， 2011， 硕士

【摘要】 全球气候变化是人类面临的共同挑战,中国也是全球气候变化的最大受害者之一。低碳经济已成为世界各国经济发展的重要战略。在经过2008年的金融危机后,低碳行业2008年的收入仍比2007年大幅增长了75%,因此,对低碳经济板块上市公司盈利能力的综合分析颇为重要。通过研究低碳经济板块企业的盈利能力及其影响因素,对规范低碳经济板块企业的健康稳定发展有深刻的意义。本文基于国内外对盈利能力相关研究的基础上,对低碳经济板块上市公司的盈利现状进行分析,并结合我国目前对低碳经济板块企业的相关扶持优惠政策,指出当前我国低碳经济企业经营过程中存在的问题。进而运用统计软件SPSS17.0和相关计量模型对我国低碳经济板块上市公司盈利能力影响因素进行分析。本文选取了2009年该板块57家上市公司为样本,以销售毛利率、营业利润率、总资产收益率、净资产收益率和每股收益为评价企业盈利能力的指标,运用因子分析法得出综合评价体系,进而从资本结构、股权比例、公司规模、研发能力、成长能力和资产运营能力六个方面考虑了影响低碳经济板块上市公司盈利能力的因素,以回归模型对此进行实证分析。实证结果表明,资产负债率和第二至第十股东持股比例低碳经济板块上市公司盈利能力呈显著负相关关系,总资产对数与低碳经济板块上市公司盈利能力呈显著正相关关系。为了引导低碳经济板块上市公司合理快速发展,由实证结果出发,提出改善资本结构、优化股权结构和扩大公司规模等方面建议加强企业的内部经营管理,最后结合当前我国对低碳企业的相关优惠政策提出加强政府扶持力度可以提升低碳型上市公司的盈利水平。更多还原

【Abstract】 The global climate change is a common challenge which the human being is meeting with,and also China has become one of the ultimate victims.Low carbon economy has become an important strategy in progress of economic development.After financial crisis in 2008,the income of the trade of low carbon increased 75 percent than 2007.Therefore,it is necessary to analyse the capacity of profitability of the low carbon companies.The study on the capacity of profitability and the influencing factors of the low carbon companies exerts a profound impact on the healthy and steady development of standard in the low carbon companies.On the base of home and abroad research in the capacity of profitability and analysis of the profitability of the low carbon companies,this paper points out some current problems during the enterprise management process,in light of the related preferential policies to the low carbon companies.Than the effect of factors on the capacity of profitability from the low carbon companies is analyzed with SPSS 17.0 and related model.This paper investigates 57 listes companies in 2009 and makes a comprehensive envaluation system through the factor analysis from the ROS,rate of profit,total asset payment rate,net asset profit rate and EPS.Then the envaluation system is tested against by Regression Model considering six content areas:capital structure, ownership ratio,scale of the corporation,the ability of study, growth and assets operation.The experimental results show that asset debt ratio makes negative correlation with the proportion of the 2rd to 10th shareholders and the capacity of profitability of low carbon companies, and asset logarithm is positively correlated with the capacity of profitability of low carbon companies.In order to make the low carbon companies growing quickly and healthily and from the results,the author puts forward proposals to improve enterprise effectiveness and efficiency of internal controls including changing the capital structure,ownership and expanding the companies.At last, in light of current preference policies to the low carbon enterprise,the strength of government support could improve enterprise profit.更多还原