MNDO and MM2 (85) methods were used to study the conformation and the structure‐reactivity relationship of neutral and acidic phosphorus esters. The calculation results indicate that for the most stable conformation, the charge density of phosphoryl oxygen (qo) is determined not only by the electronegativity of the substituents, but also by the conformation of the alkoxyl groups on the phosphorus atom. Meanwhile, the conformation of the alkoxyl group provides, as a rule, more important influence on the charge density of the phosphoryl oxygen. However, the energy of the highest occupied molecular orbital (EHOMO) is basically dependent on the eletronegativity of the substituents, while the donating ability or the withdrawing ability of the neutral phosphorus compounds is mainly governed by the EHOMO but not the qO. This is also true for other kinds of the neutral oxygen‐containing compounds.