上市公司融资方式与公司绩效研究述评

A Research of Financing Methods of the Quoted Companies and Company Performances

无论西方早期的企业融资结构理论,还是现代上市公司融资方式理论,都证明上市公司融资方式的选择直接影响公司的融资结构,融资结构对公司的成本水平、市场价值表现,以及公司内部的法人治理结构有着至关重要的影响。因此,总结各家流派的理论观点,对我国上市公司通过融资结构的合理设计,从而优化公司治理结构,提高公司绩效具有重要现实意义。

Whether the earlier western financing structural theory or the current theory of the quoted companies prove the importance that the financing choice of the quoted company can influence directly the company's financing structure,which influences the company's cost,market and the corporate structure of the inner-company.Therefore,summering up the various theoritical views can have a great significance to improve the company's performance by reasonable financing structure and the optimal structures of the company.