现行要素资金成本计算方法的缺陷与改进

Some Demerits of the Current Method to Calculate Respective Capital Cost and Its Improvement

分析了现行个别资金成本计算方法的缺陷 ,围绕筹资费用发生的特点和性质 ,分别从权益资金和债务资金两方面提出相应的改进方法 ,并将改进方法和现行方法进行比较 。

This paper analyzes some demerits of the current method to calculate respective capital cost and presents an improved method based on the charactets of equity capital and debt capital.It also compares the two methods and analyzes the causes of the difference.