摘要
本文研究合资企业与母公司的关系 ,给出了一个理论模型 ,解释合资企业最优股权结构及投资结构 ,以及实现最优结构的前提条件。我们的结论是 :在某些假设条件下 ,最优投资结构为 1 :1 ,并给出了在这种情况下的最优股权结构。
In fhis paper we investigate the distribution of shares in joint ventures and the relation between the joint venture and its parent companies We provide a simple model which can explain the optimal capital structure in joint ventures Our conclusion is that the optimal capital structure in joint ventures is 1:1 under some assumptions
出处
《中国管理科学》
CSSCI
2001年第5期45-48,共4页
Chinese Journal of Management Science
