论上市公司股权融资和债权融资的协调发展

On the Coordinate Development of Stock Right Finance and Creditor's Right Finance in Listed Company

大量的研究表明我国上市公司存在强烈的股权融资偏好,股权融资和债权融资的发展严重失衡。我国上市公司应协调发展股权融资和债权融资,从而优化资本结构,并充分利用债权融资的杠杆效应。

A lot researches show that in our listed companies,there exists a strong preference for stock right finance,the development of stock right finance and creditor's right finance imbalanced seriously.Our listed companies should coordinate the development of both,optimize the capital structure and fully make use of the effect in creditor's right finance.