摘要
现代融资理论的"融资定律"在西方发达国家得到了普遍验证。而在我国正好相反,上市公司表现出强烈的股权融资偏好。这一现象在实践中对公司融资后的资本使用效率、公司成长和公司治理、投资者利益以及货币政策的实施等方面都有不利影响,因此必须加以规范治理。
The Financing Law in the modern financing theory had verified all over the western developed countries,but it's flat reverse in China that the listed firms put up a strong deflection to stockfinancing .The phenomena are practically to the disadvantage of such aspects as the utilization efficiency of the firms' capital, the growth and administration of firms,the investor's benefit and the implementation of the monetary policy,and so on.Therefore,we must standard and administer it.
出处
《天津商学院学报》
2003年第5期29-33,共5页
Journal of Tianjin University of Commerce
