中文摘要：

为考察创业板信息技术业上市公司的资本结构和资产结构对企业发展的影响,以创业板信息技术业上市公司为研究对象,运用stata软件对资本结构、资产结构与企业绩效的关系进行了实证分析。研究结果表明,我国创业板信息技术业公司偏好内源融资和以短期借款为主的外源融资,长期资金的缺乏导致流动负债比例偏高、研发投入不足。创业板信息技术业的无形资产效率较低,说明无形资产没有在高新技术企业的发展中发挥应有的作用。该类企业应在优化资本结构的同时,加大对无形资产的研发投入和管理力度,以发挥高新技术业的优势。

英文摘要：

In order to investigate the impact of the GEM information technology industry listed companies’ capital structure and asset structure on the companies’ development,takes the GEM information technology industry listed companies as the research object,and using stata software,this paper made an empirical analysis on the relationship among capital structure,asset structure and corporate performance. The research results show that the GEM companies give preference to endogenous financing and give priority to short-term borrowing external financing; because of the lack of long-term funds,current liability is of high proportion and the R＆D input is insufficient. The efficiency of intangible assets in the GEM information technology industry is not high; it indicates that the intangible assets are not play a proper role in the development of high-tech enterprises. In order to play the advantages of high and new technology industry,the enterprise should optimize the capital structure; at the same time,increase the R＆D investment and the management of intangible assets.