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融资结构与公司治理结构:基于契约理论的研究 被引量:14

FINANCIAL STRUCTURE AND CORPORATE GOVERNING STRUCTURE: A RESEARCH BASED ON THE CONTRACT THEORY
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摘要 由于投资契约关系不同,资本结构存在相应差异,由此形成不同的企业融资结构与公司治理机制。通过融资结构的优化可以实现公司治理结构的改进和治理绩效的提高,为此我们应强化银行债权在公司相机治理中的作用;大力发展资本市场,改进公司治理功能;实现公司治理整合效应;使融资主体多元化与法人治理结构优化互动。 Different financial structures and corporate governing mechanisms result from different contract relationships of investments and thereby different capital structures. Optimizing financial structures can improve corporate governing structures and performances. So, we should strengthen the roles of creditors of banks, develop capital markets to improve governing mechanisms, realize concord effects of governing, and realizing the interactions between multiplying financial agents and optimizing the principal-governing structures.
出处 《经济理论与经济管理》 CSSCI 北大核心 2003年第3期45-50,共6页 Economic Theory and Business Management
关键词 融资结构 公司治理结构 契约理论 资本结构 financial structure corporate governing contract theory
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参考文献9

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