摘要
债务融资是降低股权融资契约代理成本的有效方式。我国尚未建立有效的债务履行机制以及银行债权融资、企业债券融资尚未发挥应有的治理功能是我国上市公司债务融资治理功能弱化的主要原因。加快发展企业债券市场,有助于完善公司治理机制。
Financing by debt is a useful way to reduce the contract agent cost of financing by share. But up to now, China hasn＇t set up an effective debt fulfilling mechanism. And the fact that the banks＇ credit and enterprises＇ bond funds crediting hasn＇t play its governance function are the main reasons why China＇s listed company financing by debt corporate governance is weak. Quickening the development of enterprises bond is useful to perfect the corporate governance mechanism.
出处
《信阳师范学院学报（哲学社会科学版）》
2006年第2期49-51,共3页
Journal of Xinyang Normal University(Philosophy and Social Sciences Edition)
基金
河南省科技厅基金项目(0413051410)
关键词
企业
债务融资
治理
功能
enterprises
Financing by debt
Corporate Governance
function
