摘要
目前,我国上市公司并没有将债务融资作为主要的融资方式,在外部融资中表现出典型的“轻债务融资,重股权融资”的特征,融资结构体现出较为明显的股权融资偏好。如果我们从中国资本市场的现状出发,结合相关理论,构造实证分析模型,来考察我国上市公司进行债务融资是否能对公司成长起到理论上应有的积极作用,无疑会有益于上市公司合理选择融资方式。
Debt financing is not the main financing way in the listed comporations of China now. The characteristic of the financing saucture is equity financing preference. In this paper I discusses that the debt financing of the listed corporations in China whether can play an important part in the firm growth or not, and whether this effect is as the same as the theory. I base on the present situation of China capital market and the related theories to construct the model for empirical analyze to provide the reference of choosing the reasonable financing way for the listed corporations.
出处
《哈尔滨商业大学学报（社会科学版）》
2007年第1期44-47,51,共5页
Journal of Harbin University of Commerce:Social Science Edition
