资本结构不仅影响企业的财务风险和经营业绩等,更重要的是对企业的公司治理结构也有着重大的影响。公司的资本结构由股权结构和债权结构构成,因而股权结构是影响公司治理的重要机制,对公司绩效产生重要影响。本文分析了我国上市公司的股权结构特征、治理结构的特征及其对公司绩效的影响。 Capital structure not only affects the financial risk and operating performance of the enterprise, but also has a significant impact on the corporate governance structure of the enterprise. The company’s capital structure consists of ownership structure and debt structure, so ownership structure is an important mechanism that affects corporate governance and has a significant impact on corporate performance. This paper analyzes the characteristics of ownership structure, governance structure and its impact on the performance of listed companies in our country.