financing cost 中文意思是什麼
financing cost
解釋
財務成本-
On the metrological model of the corporate financing cost under different bailout package
不同融資組合下公司融資成本的計量模型及應用 -
The research conclusion indicates : the listed companies of china choose equity - financing first, bond - financing second ; in the bond - financing, the companies prefer to current liabilities ; the factors which impact the financing structure are the profit, the growth, the dividend, the equity - structure, the repayment - ability and the bankruptcy - cost. next the author analyses the financing - cost of the listed companies of china
研究結果表明:我國汽車製造業上市公司首選股權融資，其次才是債權融資，在債權融資順序中，上市公司更加偏好短期負債融資而非長期負債融資;對我國汽車製造業上市公司融資結構的形成具有顯著影響的因素主要包括企業利潤因素、企業成長因素、股利分配因素、股權結構因素、償債能力因素和破產成本因素。 -
This paper analyzes the freeway construction level and actuality in our country at first, connects with the reality of the bot project financing model applied in our country, studies from national investment environment, guarantee of bot project revenue, the risk of project, project financing cost and the ability of initiator, and otherwise. this paper indicates the existent problems and obstruction, which bot financing model applied in the field of freeway construction in our country
本文首先分析了我國高速公路建設發展水平與現狀，結合bot融資模式在我國基礎設施建設中的應用情況，從國內投資環境、 bot項目收入保證、項目風險、融資成本以及bot項目發起人能力等方面進行研究，指出了bot融資模式在我國高速公路建設中存在的問題與應用中的障礙。 -
The low level of equity financing cost of the large shareholders, bad expectation of corporate performance, and control status of the large shareholders are helpful to equity financing preference of china ' s listed companies
我國上市公司在配股前後短期價格行為和配股后長期股價表現上也與成熟市場不同，我國上市公司配股除權日前後有顯著的正異常收益，配股后長期有正異常收益。 -
Convertible bond is a convertible financing tool between bond and stock, convertible bond concurrently have features of bond, stock and option. its issue - clauses include interest rate, convertible ratio and convertible price, convertible date, call provision, put provision, strike - price - adjusted provision etc, convertible bond can reduce corporate financing cost and improve capital structure, investor can share corporate performance and income of convert bond
可轉換債券是一種介於債券和股票之間的可轉換融資工具，可轉換債券兼具了債券、股票和期權的特徵。可轉換債券發行條款包括票面利率、轉換比率和轉換價格、轉換期、贖回條款、回售條款、向下修正條款及強制轉股條款等等；發行可轉換債券降低了公司融資成本和改善債務結構，投資者可以分享發行人業績增長和股票價格的上漲帶來的轉股收益。 -
According to cash management requirements, through balancing of cash inflows and outflows, to meet operation demands of cash, and minimize financing cost
根據資金管理需求，通過平衡資金的收支，滿足公司營運對資金的要求，最小化籌資成本。 -
Because of the advantages of it, such as : primarily being used to local infrastructure, the more flexible operation, the better reputation and the lower financing cost, etc, it has been used as an important financing tool in developed countries
由於地方公債主要用於地方基礎設施建設，籌資靈活、期限較長、信用良好和籌資成本較低，成為各國地方政府普遍使用的重要融資工具。 -
If the operation of the issuer is fairly good, the option embedded the convertible bonds will probably be implemented. thus the issuer may decrease the debts and financing cost through the conversion of the bonds into stock share
如果發行人經營良好，可轉換債券的期權將可能被執行，發行人就可以通過持有人把債券轉成股票而降低債務融資成本。 -
This agency issue of investor and venture capitalist can be effective to guard against the morals hazard of venture capitalist by limited partnership system ; venture capitalist can guard against the morals hazard of entrepreneur through contract ， which is optimal capital - structure contract in financing decision ， is combining to equity fraction ， stock design and staging finance ， in order to make enterprise financing cost minimum ， profit maximum ， it is minimum that informational asymmetries " level fall to
在投資者與風險資本家這一級委託代理關系中，有限合夥制可以有效防範風險資本家的道德風險；風險資本家可以通過與風險企業訂立契約來防範第二級代理問題? ?企業家的道德風險，即在融資決策中尋求最優的資本結構契約，在這種契約中結合股權比例，證券組合，分階段投資等方法，以使企業融資成本最低、收益最大，信息不對稱程度降到最小。 -
As a new financing mechanism, housing mortgage securitization reduced financial risk and financing cost of housing financial intermediaries, improved the structure of assets and liabilities, and raised their economic benefits
作為一種新的融資機制，它降低了住宅信貸中介機構的金融風險和融資成本，改善了資產負債結構，提高了其經濟效益。 -
It holds that preference of stock financing does not help to lower financing cost, exploit financial leverage, and reasonably allocate social resources
認為過于偏好股權融資不利於降低上市公司的融資成本和發揮財務杠桿作用，不利於社會資源的合理配置。 -
This paper analysis the reason in the level of cost and rules, build a model to test the financing cost of capital of listed companies, compare of the cost of equity financing and debt financing directly, prove the cost of equity financing is lower than debt financing in current period. because equity financing should be improving the capital structure of china ' s listed companies, equity financing is the first choice to the listed companies, another reason of the choice is the risk aversion of the manager to the hard constrained control of debt financing, but the soft constrained control of equity financing, hence the intensity of the equity financing
本文從成本和制度層面對上市公司股權融資偏好的原因進行分析，建立了我國上市公司的融資資本成本核算模型，直觀地比較了股權融資及債權融資的成本，證明在我國現階段股權融資的成本更低，而且由於股權融資可以明顯改善公司資本結構，所以中國上市公司的股權融資偏好是其理性選擇，另外我國上市公司的經營管理層厭惡債權融資還本付息的硬約束，更傾向于股權融資的軟約束，也加強了股權融資偏好的強度。 -
It is limited in the financial channel of m & a in china, listed companies mainly borrow money from the stock market, it has not gotten the leverage benefit, and it neglects the financing cost, thus weakening the efficiency of m & a
目前我國企業並購融資渠道單一、未充分利用多種金融工具，上市公司並購以股權融資為主，未能有效利用債務融資帶來的杠桿收益，弱化了融資結構，影響了並購融資效率。 -
According to the analysis of the reasons of equity financing preference, we know that the preference phenomenon is a rational choice of the listed company and control shareholders and managers. as we analyze in the paper, at present, the listed companies of our country has a preference of equity financing that is also a rational decision when the behavior bodies, such as the listed companies, the control shareholders ( esp. forbidden circulation shareholders ) and the managers, face with cheap equity financing cost, low efficient corporate governance structure and capital market
我國上市公司股權融資偏好在表面看來是一個有悖于發達國家資本市場一般規律的而發生於我國資本市場的一個奇特現象，但通過對其成因的探討后，我們發現股權融資偏好實際上是上市公司、股東或經理等行為主體，對其所面臨的環境約束的最優選擇和反應，是各種經濟主體在追求自己的利益最大化的情況下一個必然的博弈均衡。 -
Debt financing is attractive because you do not have to sacrifice any ownership interests in your business, interest on the loan is deductible, and the financing cost is a relatively fixed expense
債務融資對企業權益者是有吸引力的因為債務融資不會犧牲權益者的利益，借款利息可在收益中扣減，財務成本是相對固定費用 -
To analyze financing structure of listed companies in china, first, based on the relative analysis of financing structure of listed companies in western developed countries, we review current situation in china, and describe and test the financing behavior and the financing structure of china ' s listed companies. second, i explains the factors of equity financing preference in the following three aspect : cost - financing cost, corporate interior - governance structure, and the external surroundings - financing markets. finally, in order to optimize the financing structure and enhance firm value, we put forward a lot of countermeasure
為了揭示當前我國上市公司融資結構的形成原因，本文首先在對國內外上市公司融資結構進行對比分析的基礎上，著眼於我國現實，對當前我國上市公司總體融資行為和融資結構進行了描述與檢驗；其次，從成本? ?融資成本、公司內部? ?治理結構和外部環境? ?融資市場三個方面系統、深入地分析了造成我國上市公司融資結構扭曲的原因；最後，以企業價值最大化為目標，給出優化我國上市公司融資結構的對策措施。 -
Secondly, the paper researches on the financing channels of xl corporation and concludes the common pace including mostly these step of the management such as evaluating to the xl company, analyzing of necessity to financing, affirming of the financing amount of money, the choice to the financing method, the valuation of the financing cost, the design to the best financing combination, the evaluation of financing performance and the financing withdrawal
在調查分析中，論文採用了excel 、 spss等統計分析工具。其次，為切實找出融資過程中存在的問題，論文選取成都xl公司作為融資案例進行分析，通過融資的各步驟研究，為同行業或規模類似的中小企業融資提供一定的參考，也為尋找解決融資問題對策提供幫助。在案例分析中，採用了銷售百分比的定量方法對融資額進行預測。 -
At first, this article make the theoretical analysis on the financing cost was from the investor, the company superintendent and the company major stockholder. the article think that the financing cost measurement from the investor ’ s situation is the company " the real financing cost ", but the financing cost measurement from the superintendent ’ s situation is was " the name financing cost ". when the company was controlled by the large shareholder, the major stockholder cost was the true financing cost of listed companies
本文先是分別從投資者、公司管理者、公司大股東三個不同角度對上市公司的融資成本做了理論分析，認為從投資者角度計量的融資成本是公司「真實的融資成本」 ，而從公司管理者角度計量的融資成本只是「名義融資成本」 ，當上市公司被大股東控制時，大股東成本才是真正影響上市公司的融資成本。 -
Lacking of directed financing modes such as enterprises bond financing and equity financing from capital market makes smes " financing cost so highly
以內源融資和銀行信貸為主，直接融資渠道不暢的融資模式導致了中小企業融資困難，融資成本過高，嚴重阻礙了中小企業的健康發展。 -
Analysis on listed corporation ' s financing cost and financing preference
上市公司融資成本與融資偏好的分析
分享友人