Since 1958 since the birth of MM theory, capital structure theory attracted wide attention from economists.
自1958年MM理论诞生以来，资本结构理论引起了经济学界的广泛关注。
We can anticipate the price of one stock by dividend discount model, P/E model, and capital structure theory.
并且股利贴现模型、市盈率贴现模型、公司净值大小以及资本结构理论对于公司股票价格都具有解释作用。
Since the birth of MM theory, the capital structure theory of corporation has been one of the focuses of the field of economics.
自从MM定理诞生以来，公司的资本结构理论一直是经济学界关注的焦点之一。
Cash discharge and enterprise cost have become basic and core concepts since MM capital structure theory was presented in the 1950s.
自1950年MM资本结构理论提出以来，“现金流量”与“企业价值”便成为现代财务理论的基本的、核心的概念。
Abstract: Capital structure theory is the modern financial theory and financial management theory is one of the important cornerstone.
摘要资本结构理论是现代金融理论和财务管理理论的重要基石之一。
The listed company's capital structure and profitability hemorrhage7 had never once been broken, and enrich the capital structure theory.
对于上市公司的资本结构与盈利能力的相关性研究从来就没中断过，也不断丰富着资本结构理论。
How come Western capital structure Theory that can account for enterprises' capital structure of one country can not do so of another country?
资本结构理论能够解释某一个国家企业资本结构形成机制却不能解释另一个国家的企业资本结构。
Modern capital structure theory thinks that the reasonable arrangement of capital structure can decrease capital cost and increase enterprise value.
现代资本结构理论认为，通过资本结构的合理安排可以降低资本成本提升企业价值。
The thesis introduces domestic and foreign main capital structure theory and analyzes capital structure condition of the listed enterprises in our country.
论文介绍了国内外主流的资本结构理论，并对我国上市企业的资本结构情况进行了分析。
Then present an overview of the modern enterprise capital structure theory models, including the MM theory, the trade-off theory, asymmetric information theory.
接着概述现代企业资本结构的相关理论模型，包括MM理论、权衡理论、信息不对称理论等。
Financial academic study of capital structure long, and start from the birth of MM theory, capital structure theory is attracting greater attention from academics.
财务学界对资本结构问题的研究由来已久，并且从MM理论诞生开始，资本结构理论更是引起了学术界的更大关注。
How come Western capital structure Theory that can account for enterprise's capital structure in one period can not do so in another period, and thus new theories are required?
资本结构理论在解释某一个历史时期的企业资本结构时却不能解释另一个历史时期的企业资本结构。以至于不得不寻找新的内在动因和理论依据？
But the capital structure theory builds on the developed merchandise economy, the consummate governing structure of enterprise and the bund source which is abundance and stabile.
但是，资本结构理论是以公司治理结构较为完善、资金来源充足稳定作为前提条件，建立在发达的商品经济基础上的。
According to the modern capital structure theory, the choice of capital structure influences corporate capital efficiency which will ultimately affect the value of the enterprise.
按照现代资本结构理论，企业资本结构的选择影响企业资本的使用效率，最终影响企业的价值。
Subsequent article in the Chinese capital structure theory to explore the applicability of, and determined on the basis of the theory in this paper to study the impact of factors.
文章随后对资本结构理论在中国的适用性进行探讨，并在理论基础上确定本文所要研究的影响因素。
The major flaw of modern capital structure theory is that it cannot explain very well many enterprises remain low debt levels when tax benefits is large and bankruptcy costs is small.
现代资本结构理论的主要缺陷是无法很好的解释许多企业在税收利益很大、破产成本很小的情况下，仍然保持很低的负债水平。
According to the capital structure theory of financial bankruptcy cost, the debts bring out negative efficiency when debts come to a certain ratio since the financial bankruptcy increases.
根据财务危机成本的资本结构理论，当负债达到一定比例后，由于财务风险的增加，负债对企业价值产生负效应。
Through the theory discussion for a long time, the western capital structure theory has been already relatively perfect, and the capital structure in China is studied at the starting stage.
经过长期的理论探讨，西方的资本结构理论已经相对完善，而我国的资本结构研究还处于起步阶段。
From the Angle of capital structure theory, it is more important that study listed Banks than unlisted Banks, so this paper serve listed share-holding commercial Banks as research subjects.
从资本结构理论的角度看，研究上市银行比非上市银行更为重要，因此，本文将上市的股份制商业银行作为了研究对象。
Article from an empirical point of view, we found that the state-owned capital structure of listed companies in some respects the arrangement is contrary to modern capital structure theory.
文章从实证的角度分析后，发现我国国有上市公司资本结构的安排在一些方面是与现代资本结构理论相悖的。
According to modern Capital Structure Theory, there is a reasonable range for Capital Structure in a company, which is decided by the compromise of tax, cost of bankruptcy and dealership, etc.
根据现代资本结构理论，公司事实上存在着资本结构的合理区间，该区间取决于税收、破产成本、代理成本等多方面因素的权衡结果。
Capital structure is an important factor that has influence on company governance structure and operating mechanism. MM theorem lays a foundation of capital structure theory of contemporary company.
资本结构是影响公司治理结构和经营运作机制的重要因素，MM定理奠定了现代公司资本结构理论的基石。
Theory on capital structure is the theory on how to define ratios of debt capital and equity capital of enterprise capital structure under the target of realizing maximization of enterprise value.
资本结构理论是研究在实现企业价值最大化的目标下，企业资本结构中债务资本与权益资本的比例如何确定的理论。
However, domestic scholars have discovered that the capital structure of our country contravened the theory frame of capital structure.
然而，国内学者的研究却发现我国企业的资本结构有违资本结构理论框架。
The theory of corporate capital structure has been in focus by economic circles since MM theorem was born.
自从MM定理诞生以来，企业的资本结构理论一直是经济学界关注的焦点之一。
According to MM theory with bankruptcy cost and tax, capital adequacy regulations are fully effective only if the capital ratio stipulated by management and optimal capital structure is consistent.
按照存在破产成本和税收情况下的MM理论分析，只有管理当局确定的资本比率和银行最佳资本结构一致时，资本充足性管制才是完全有效的。
Asset structure has close correlation with many classical financial theories, for example capital structure, dividend policy and corporate control theory.
资产结构问题与资本结构、股利政策及公司控制权理论这些财务经典理论之间都存在天然的联系。
Asset structure has close correlation with many classical financial theories, for example capital structure, dividend policy and corporate control theory.
资产结构问题与资本结构、股利政策及公司控制权理论这些财务经典理论之间都存在天然的联系。
应用推荐