企业股权融资偏好分析

The financing preference analysis on enterprise stock right in our country

长期以来,单一的融资体制和低效的内源融资能力导致我国企业过度负债,并成为困扰我国企业改革和发展的一个重要因素。近年来,随着证券市场的迅速发展和融资功能的增强,企业注重股票融资有其客观必然性,但过度依赖股票融资也将对公司本身和证券市场的发展带来许多负面影响。

For a long time, a single financing system and inefficient endogenous financing capacity result in over-indebtedness of enterprises in our country and become an important factor which plagues the development and reform of the enterprises in our country. In resent years, with the rapid development of securities markets and enhancement of financing abilities, enterprises have focused on the stock financing. However, over - reliance on stock financing will cause many negative effects on the companies themselves and the development of securities markets.