Study on the Factors of the Capital Structure of Coal Listing Corporation

Factors affecting capital structure of coal listing corporation is Analysised, according to the Related theory of capital structure. With financial data of China A-share Coal listing companies in 2012 - 2014, using the method of multiple regression, empirical analysis is made to analyze the factors that affect capital structure of coal listing corporation. Research shows that the capital structure of China Coal listing Corporation has positive correlation with the profitability, growth, debt paying ability, operating ability and the value of asset security, and has negative correlation with the non debt tax shield. The Research model reflects the characteristics of the capital structure of Chinese coal listing Corporation, and provides a reference for optimizing the capital structure.