Study on the Existing Problems and Countermeasures of Direct Financing of Shanghai Listed Companies
Different combination and disposition of fund sources result in the different capital structure,cause different fund cost, interest conflicts, financial risk, and then affect companys market value. How to maintain the debt and the shareholders benefit at a reasonable proportion through financing behavior,form a most superior capital structure, and solve the fund problems which is urgently needed in the enterprises development are not only the shareholder and creditors common goal, but also a hot spot in the finance research for long. This paper introduces the problems and reasons existing in the listed companies direct financing in Shanghai in detail, puts forward some corresponding advices and measures, which lay the good foundation for the further research.
Asset reorganization Stock right financing Financial innovation Capital stock structure
LI Chuang
School of Economics and Management,Henan Polytechnic University,Jiaozuo 454000,China
国际会议
The 5th International Annual Conference on WTO and Financial Engineering(第五届WTO与金融工程国际会议)
杭州
英文
502-507
2008-05-18（万方平台首次上网日期，不代表论文的发表时间）