Listed companies are an important p

Listed companies are an important part of the current economic reform and development process, as well as an important economic sector that absorbs labor. Their rapid development has brought tremendous changes to today's economy and society. Therefore, it is particularly important to speed up the development of listed companies. However, the business performance and profitability of an enterprise are closely related to the rationality of the capital structure. Reasonable resource allocation and reasonable capital structure decision-making will have a better promotion effect on the development of enterprises [2]. From a practical point of view, irrational capital structure is common in listed companies. The outstanding performance is a series of problems such as low asset-liability ratio and the company's preference for equity financing. At the same time, the unreasonable corporate capital structure has seriously affected the healthy development of listed companies. At present, the management and operation of listed companies in my country are far from standardized and scientific. Therefore, strengthening the research on the capital structure of listed companies has important practical significance for promoting their healthy development in the future.