摘要
资本结构理论不断发展。本文运用实证研究的方法考察了光机电一体化上市公司的资本结构,发现光机电一体化上市公司偏好股权融资,这与啄食理论刚好相反。本文认为之所以如此,是因为光机电一体化公司的融资受到诸如筹资灵活性、企业的经营风险、资金成本和资产结构等因素的影响。
Capital structure theory develops continuously. This paper investigated the Capital structure of opto-mechatronics listed company through positive method. We found that opto-mechatronics listed company have equity financing inclination , this conclusion conflicted with the pecking-theory. The reason we think is the financing method of these company will be affected by some factors, such as finance flexibility, operating risk, capital cost and assets structure.
出处
《价值工程》
2006年第7期166-168,共3页
Value Engineering
关键词
先机电一体化
融资偏好
资本结构
opto-mechatronics
finance preference
capital structure
