The optimal capital structure function is alsogiven. which includes the variable of macroeconomic policy.
给出了包含宏观政策变量的最优资本结构函数关系式；
Considering that the optimal capital structure is not an exact number but is actually a range, firms should put emphasis on the capital structure elasticity when controlling financial risks.
鉴于企业最佳资本结构是一个范围，而非某一个精确数值的事实，企业控制财务风险应着力关注资本结构弹性问题。
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。
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