浅析融资方式组合理论在融资决策中的应用

Brief Analysis on the Application of Financing Way Portfolio Theory in Financing Decision-making

企业的发展需要资金的支持,资本结构的问题是企业进行融资决策时的一个重要问题。因为资本结构会影响企业的融资成本和市场价值,也会影响企业的治理结构,同时,资本结构通过企业行为和资本市场的运行也会影响总体经济的增长。通过分析企业进行融资的各种方式,并运用马科维茨的组合理论来合理确定负债比率。

Enterprisers development needs the fund＇s support, the capital structure question is an important question when the enterprise carries on the financing decision-making. Because the capital structure can influence the enterprise＇s financing cost and the market value, and also can affect the government structure, simultaneously, the capital structure also can affect the growth of the overall economy through the enterprise behavior and the movement of capital market. This article is for the purpose of through the analysis enterprise carrying on financing each way, through Markowitz＇s investment portfolio model, to decide the reasonable capital structure.