On subjects such as corporate governance , credit control , internet banking , authorization of virtual banks , share financing and taxi financing were issued during the year ，内容涉及企业管治、信贷管控、电子银行、虚拟银行的认可、股票融资及的士融资等课题。
The result indicate that most performance of the company become worse after their ipo , which means that chinese stock market is inefficient in resource allocation 特别的，在目前市场环境下，企业对发行股票融资的偏好，是否意味着股票市场是一种比银行更有效率的资源配置工具呢？
But the financing order of the enterprise going on the market in china is direct financing , stock financing bond financing , which we call it disequilibrium of the structural financing 我们称之为我国企业融资结构的失衡状态，这就存在了我国上市企业股票融资和债券融资失衡与均衡的矛盾。
The second part recommend of our country listed company stock raise funds current situation . our country listed company have a partiality for stock reason and side effect that produce of financing 第二部分是介绍我国上市公司股票筹资现状，我国上市公司偏好股票融资的原因分析及产生的副作用。
Therefore , the joint - stock companies , share financing and stock market mutual ties and interaction , and that the joint - stock companies , share financing and the common development of the stock market 所以，股份公司，股票融资和股票市场的相互联系和相互作用，推动着股份公司，股票融资和股票市场的共同发展。
While some other economists state that there ' s no relationship between stock market and economic growth . they evaluate stock market ' s role from its scale and financed amount 但是，仍有许多经济学家认为股票市场与经济增长之间并没有相关关系，他们主要从股票市场规模和股票融资数量的角度评价股票市场的作用。
In american , financing through issuing stock is always misunderstood by capital market , so the chief financing manner is internal financing , the next is issuing bonds , the last is issuing stock 在美国通过发行股票融资往往会被市场误解，导致股价下跌，因此，美国企业的首选融资方式是内部融资，其次是发行债券，最后的选择才是发行股票。
Modem theory of capital structure and the experience of the western countries state that the reasonable financial sequence is to use the internal funds firstly , then the debts and finally the stocks 现代资本结构理论和成熟市场经济国家的融资实践均表明，从融资成本的角度看，企业需要资金扩张经济规模时一般遵循的融资顺序为：内源融资一举债融资? ?股票融资。
