Enterprise capital structure means the various resources, combination and relationships of enterprise raising capital as well as means the short or long debts, shareholders＇ rights and interest, and the proportional ...Enterprise capital structure means the various resources, combination and relationships of enterprise raising capital as well as means the short or long debts, shareholders＇ rights and interest, and the proportional relationships among constituting items. Capitals raised by enterprise from different ways constitute the capital sum. Because of changing enterprise operation, the capital structure is also various and it cannot be in a fixed proportion. Therefore, we need to optimize the capital structure of state-owned enterprises so as to reach the rational resources allocation and make the national economy develop soundly and rapidly. How to optimize it？ This is a big problem that we have to face. Debt-to-equity swap at the moment is only the transition for correcting capital structure of state-owned enterprises. Decreasing stocks owned by state is the inevitable choice for optimizing enterprise stock right.展开更多
Development of Shanghai Free Trade Zone, pushing up the logistics support industrial transformation and upgrading, boosting the overall domestic demand for modem logistics services. In this paper, trade logistics comp...Development of Shanghai Free Trade Zone, pushing up the logistics support industrial transformation and upgrading, boosting the overall domestic demand for modem logistics services. In this paper, trade logistics company, for example, through the report analyzes the main indicators of change in company focus on capital before and after the Shanghai Free Trade Zone, it analyze the impact and significance of argumentation Shanghai Free-Trade Zone for logistics and warehousing industry in the region, hoping to fund operations management who inspire.展开更多
In order to overcome the shortcomings brought up by the single-layer agency relation analyses of agency problems within enterprise group, two-tiered agency models in the internal capital market are set up, and how ren...In order to overcome the shortcomings brought up by the single-layer agency relation analyses of agency problems within enterprise group, two-tiered agency models in the internal capital market are set up, and how rent-seeking behaviors of member firms＇ managers affect investment allocation decision made by headquarters manager is demonstrated. From equilibrium solutions of the model, it＇s inferred that the larger the divergence of member firm＇s productivity is, the higher probability of investment allocation distortion is.展开更多
文摘Enterprise capital structure means the various resources, combination and relationships of enterprise raising capital as well as means the short or long debts, shareholders＇ rights and interest, and the proportional relationships among constituting items. Capitals raised by enterprise from different ways constitute the capital sum. Because of changing enterprise operation, the capital structure is also various and it cannot be in a fixed proportion. Therefore, we need to optimize the capital structure of state-owned enterprises so as to reach the rational resources allocation and make the national economy develop soundly and rapidly. How to optimize it？ This is a big problem that we have to face. Debt-to-equity swap at the moment is only the transition for correcting capital structure of state-owned enterprises. Decreasing stocks owned by state is the inevitable choice for optimizing enterprise stock right.
文摘Development of Shanghai Free Trade Zone, pushing up the logistics support industrial transformation and upgrading, boosting the overall domestic demand for modem logistics services. In this paper, trade logistics company, for example, through the report analyzes the main indicators of change in company focus on capital before and after the Shanghai Free Trade Zone, it analyze the impact and significance of argumentation Shanghai Free-Trade Zone for logistics and warehousing industry in the region, hoping to fund operations management who inspire.
文摘In order to overcome the shortcomings brought up by the single-layer agency relation analyses of agency problems within enterprise group, two-tiered agency models in the internal capital market are set up, and how rent-seeking behaviors of member firms＇ managers affect investment allocation decision made by headquarters manager is demonstrated. From equilibrium solutions of the model, it＇s inferred that the larger the divergence of member firm＇s productivity is, the higher probability of investment allocation distortion is.
