摘要
资本结构是影响公司治理结构和经营运作机制的重要因素 ,MM定理奠定了现代公司资本结构理论的基石。公司股权结构改革是现代企业制度的内在要求 ,公司股权的适当分散和内部股权比例的提高有利于降低代理成本 ,规范公司的治理结构。公司资本结构选择与公司业绩存在相关性。
Capital structure is an important factor that has influence on company governance structure and operating mechanism. MM theorem lays a foundation of capital structure theory of contemporary company. The reform of shareholding structure is inherent demand of the reform of corporate governing structure and the establishment of modern enterprise system. This paper tries to set forth the relation between capital structure and achievement in theory and practice.
出处
《中南财经政法大学学报》
CSSCI
北大核心
2002年第2期44-49,共6页
Journal of Zhongnan University of Economics and Law
