摘要
我国去年成功发行了中国移动和三峡企业债券共 10 0亿元 ,经修订的《企业债券管理条例》也即将在近期出台 ,这说明中央政府加大了对发展企业债券市场的支持力度。本文从资本结构理论、企业融资成本和中小企业融资三方面对发展企业债券进行了可行性分析 ,并运用回归方法证明了企业债券在经济增长中发挥的重大作用。
Our country successfully issued China Mobile and San Xia bonds worth RMB 10 billionYuan last year.The Revised <Enterprise Bond Management Regulation> will be promulgated in the near future. This shows that the central government enhances its support to the development of the enterprises' bond market. This article makes a feasibility of the development of the enterprises' bond from the aspects of capital structural theory, enterprises' financing cost and financing for the small and medium-sized enterprises, and then by applying the regression method it demonstrates the important role of the enterprise bond in the economic growth.
出处
《现代财经(天津财经大学学报)》
CSSCI
2003年第4期27-29,共3页
Modern Finance and Economics:Journal of Tianjin University of Finance and Economics