The Research on Endogenous Financing of Small and Medium-Sized Family Enterprise
This paper does a textual research on the preference to endogenous financing and the culture of small and medium-sized family enterprise from the perspective of its particularity, and, holds that endogenous financing is the initiative choice of small and medium-sized family enterprise. The negative effects of this financing method are mainly the shortage of funds, the unreasonable internal governance and not realizing the profit maximization goal. Therefore, the financing innovation of family enterprises must center on the property rights system and enterprise culture etc.
Small and Medium-Sized Family Enterprise Financing Method Capital Structure
WANG Jinzhou
School of Management, Yangtze University, China, 434023
国际会议
海口
英文
366-369
2010-11-26(万方平台首次上网日期,不代表论文的发表时间)