融资结构视角的上市公司治理

融资结构与公司治理之间存在天然的联系 ,不同的融资结构决定了不同的公司治理模式及其效率。我国上市公司治理结构的低效率很大程度上是由于股权结构、资本结构、债务结构的不合理造成的 ,优化融资结构是完善公司治理的关键。

There is a natural linkage between financial structure and corporate governance. Different financial structure determines different corporate governance mode and its efficiency. The low efficiency of corporate governance of listed companies in China is to a great extent caused by unreasonable ownership structure, capital structure and debt structure. Arranging better financial structure is the key to improve corporate governance.