haku: @indexterm FUND-RAISING / yhteensä: 100
viite: 35 / 100
Tekijä: | Guo, Shuhua |
Otsikko: | The financing structure of enterprises and an incentive to managers (original in Chinese) |
Lehti: | Journal of People's University of China (c)
1997 : 5, p.13-18 |
Asiasana: | FUND-RAISING MANAGEMENT COMPANIES CHINA |
Kieli: | chi |
Tiivistelmä: | The financing structure of enterprises refers to the component proportion of enterprises' debt value and stock value. It has an incentive function to managers. So optimising the financing structure is the premise condition of giving managers an effective incentive. The combination of financing modes mainly depends on changes in the ratio of liability to capital stock. In the course of transformation of shareholder system of state enterprises, introducing properly various financing modes for making the necessary conformity for the financing structure is an important way of settling the issue of incentive in state-owned enterprises. |
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