摘要
以控制权为视角,通过构建统一的数理模型,对比分析不同期限条件下的债务融资和不同融资对象的股权(再)融资,得出了如下结论:在不影响对上市公司控制权的情况下,公司盈利能力越强,越偏向于股权融资;融资金额越多,越偏向于股权融资。
In this paper, based on the perspective of control, we construct a unified mathematical model to analyse the option of different duration of the debt financing and different object of equity （ re - ） financing and drawn the following conclusion： Without effect to the listed companies control, the profitability of the stronger company, the more biased in favor of equity financing; financing the amount of the more biased in favor of equity financing.
出处
《经济问题》
CSSCI
北大核心
2009年第2期66-69,共4页
On Economic Problems
关键词
债务融资期限
股权(再)融资对象
控制权
duration of the debt financing
object of equity （ re - ） financing
control
