摘要
本文以权衡理论为依据,结合Black-Scholes期权定价模型,通过一定程度的修正,构建新型的资本结构优化模式,并选取中铁二局作为研究对象,对最优资本结构决策进行理论创新与实践例证,从而为我国企业动态优化资本结构提供指导和借鉴。
Based on the trade-off theory, and combining with Black-Scholes Option Pricing Model, the paper constructs a new optimization model of capital structure through amendment in parts. Furthermore, the paper taking China Railway Erju Co., Ltd as an empirical sample to innovates and prove the optimum capital structure decision, which would try to provide China enterprises with guidance and reference about dynamic optimization of capital structure.
出处
《财会通讯(中)》
北大核心
2015年第1期14-17,3,共4页
Communication of Finance and Accounting
基金
四川省教育厅面上项目(项目编号:12SB103)阶段性研究成果