债务重组对制造业上市公司财务绩效的影响

摘要

Abtract:The 23 manufacturing listed corporations which have done debt restructuring from 2011 to 2013 are selected as the object of study ,and their financial data are selected in that period .Based on the enter‐prises undertaking debt restructuring in 2012 and comparing the financial performance before and after it .The financial performance evaluation is then constructed .The results show that liabilities restructu‐ring does not promote the performance of public companies that year ,but they have rising trend after‐w ards .%以2011～2013年发生过债务重组的23家制造业上市公司为研究对象，选取它们该年度区间的相关财务数据，运用财务分析和主成分分析相结合的方法构建财务绩效评价体系。然后，以2012年发生债务重组的企业为基础，比较企业重组前后的财务绩效。结果表明，重组企业当年整体财务绩效有所下降，以后年度有上升趋势。