By analyzing the theory of capital structure and the influence on share value appraising, the paper draws an conclusion that the influences include the act on share structure, revenue financing, investment and profit distribution, development of company.

• 通过分析资本结构理论及其对股票价值评价模型的影响,可以得出资本结构对股票价值的影响在于:直接作用于股本结构、影响收益、改变股利政策,对公司的筹资、投资和利润分配政策都会产生影响和牵制,影响公司未来发展。