摘要
我国的企业融资体系是典型的以银行融资为主导的体系,企业特别是中小企业融资困难,融资渠道单一。夹层融资是在国际市场蓬勃发展的企业融资方式,进行夹层融资创新是解决企业融资困难的有效途径之一。本文对夹层融资产品和市场进行了研究,结合国际市场发展趋势和我国企业融资现状,指出了我国发展夹层融资的途径和意义,从理论和实践方面,对我国企业融资和商业银行的业务创新提出了新的思路。
Bank financing is the predominant way of corporate financing in China, a result of limited financing channel in the country. Given the limited financing resources, enterprises, small-and medium-sized enterprises, in particular, have limited access to capital. Mazzanine financing, is an effective and innovative way of financing. Based on the study of mezzanine products and market as well as its international development trend and status quo of Chinese enterprises, the implication of developing mezzanine financing in China is pointed out and new thoughts on corporate financing and innovation in banking business are brought forward from theoretical and practical point of view.
出处
《证券市场导报》
北大核心
2005年第11期65-70,共6页
Securities Market Herald
关键词
夹层融资
夹层资本
夹层债务
企业融资
mezzanine financing
mezzanine capital
mezzanine debt
corporate financing
