The optimizing capital structure research is a hot area in financial management theory , whether is the existence of optimum capital structure 资本结构优化问题是财务管理理论研究中的一个热门话题,最优资本结构是否存在
According to the theory of capital structural optimization existence , the debt - more enterprise can be easily distinguished from the debt - less enterprise 根据最优资本结构的存在性理论，可以区分哪些企业多举债，哪些企业少举债。
Taking the listed company as sample , this paper tests the year differences and industry differences of excellent capital structure , and discuss the statistic results 以2000 ~ 2005年中国上市公司为样本，对最优资本结构的年度差异和行业差异进行了统计检验，给出了分年度、分行业的最优资本结构，并对统计结果进行了讨论。
This kind of phenomenon deviated the basic perspective of the modern capital structure theory . under the meaning of traditional enterprise value , deviated the optimal capital structure of enterprises value maximization 这种现象偏离了现代资本结构理论的基本观点,在传统企业价值涵义下,偏离了价值最大化的最优资本结构。
This paper has analyzed venture capitalist how to minimum to select optimal capital structure to reduce informational asymmetries ; and for appearing of ipo ， which venture enterprise has carried out in economic analysis 本文分析了风险资本家如何在风险企业退出阶段，选择最优资本结构使得信息不对称程度最小；并对首次公开上市风险企业以及风险资本家的特征进行了实证分析。
My study of the capital structure of listed companies , not only to identify problems , but also to promote the healthy development of china ' s listed companies , improve their governance mechanisms will be of practical significance 针对我国上市公司资本结构现状,剖析形成原因,寻找出建立起最优资本结构的路径,对促进我国上市公司健康发展,完善其治理机制具有重要的现实意义。
In this paper , the functional relation is established among weighted average capital cost , earnings before interest and tax and due capital cost , and the best capital structure model of enterprises with relative unchangeable due capital cost is obtained 通过财务杠杆，建立了加权平均资本成本和企业息前税前盈余以及债务资本成本之间的函数关系，得出了企业债务资本成本相对不变时的最优资本结构模型。
2 . aiming at the actualities that the ratio of joint - venture railway capitals is o n t he low side , j oint - venture r ailways have a high r ate o f d ebts , a nd the unitariness of investors exists during the construction and management of joint - venture railways , an analysis has been made of the necessity of pluralism of investors during the construction and operation of joint - venture railways , and a specific method has been put forward to realize the pluralism of investors 针对合资铁路存在的资本金比例偏低且负债率过高、合资铁路建管中投资主体单一的现状，分析了合资铁路建设、经营中实行投资主体多元化的必要性及其与优化资本结构的联系，提出了实现投资主体多元化的具体对策；应用资本结构的有关原理分析了确定合资铁路企业最优资本结构应考虑的因素及可采用的方法并提出了改善合资铁路企业资本结构的建议。
In view of the western capital structural theory and the domestic scholar ' s research results , goes on the listed company capital structure present situation . this thesis thoroughly analyzed the reason which coursed the capital structure not superior , proved the optimum capital structure of the listed company and its influence factor , has discovered the definite method of optimum capital structure and the environment government means 本文针对我国上市公司资本结构的现状,借鉴西方资本结构理论和国内学者的研究成果,深入剖析了资本结构不优的成因,论证了上市公司最优资本结构及其影响因素,找出了最优资本结构的确定方法及环境治理办法。
