摘要
我国上市公司表现出强烈的股权融资偏好,其形成的直接动因是股权融资成本对风险收益对等原则的背离,而深层动因则在于制度和政策性缺陷导致。对股权融资偏好带来的负面影响,必须采取措施进行规范、治理。
Our listed companies show strong preference in stock right financing,which directly results from the diversion of the stock right financing cost from risk profits.The deep reason results from defects in system and policy.Because a series of negative effects have been brought by the preference of stock right financing,we should take effective measures to standardize and govern it.
出处
《安徽工业大学学报(社会科学版)》
2005年第4期17-19,共3页
Journal of Anhui University of Technology:Social Sciences
基金
安徽省高校青年教师科研资助计划资助项目(2003jqw35)
关键词
上市公司
资本结构
股权融资偏好
治理措施
listed company
capital structure
preference in stock right financing
company administration