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Financial and Economic Crisis and Corporate Finance Development

Financial and Economic Crisis and Corporate Finance Development
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摘要 Financial and economic crisis has challenged the ideological and methodological basis, the basic assumptions and the universal applicability of the research conclusions of the mainstream corporate finance. In order to construct corporate finance appropriate to the state of financial crisis, it is necessary to adjust the objective function of corporate finance, modify the corporate financing theory, extend corporate investment theory,enrich corporate working capital management theory, and adjust corporate dividend policy theory. Financial and economic crisis has challenged the ideological and methodological basis, the basic assumptions and the universal applicability of the research conclusions of the mainstream corporate finance. In order to construct corporate finance appropriate to the state of financial crisis, it is necessary to adjust the objective function of corporate finance, modify the corporate financing theory, extend corporate investment theory,enrich corporate working capital management theory, and adjust corporate dividend policy theory.
作者 LI Xinhe
机构地区 Nanjing University
出处 《当代财经》 CSSCI 北大核心 2015年第S1期147-156,共10页 Contemporary Finance and Economics
关键词 FINANCIAL and economic CRISIS CORPORATE FINANCE CORPORATE FINANCING THEORY CORPORATE investment THEORY financial and economic crisis corporate finance corporate financing theory corporate investment theory
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