企业资本结构现状及优化途径分析

资本结构是否优化直接或间接地影响到企业的资本成本、市场价值和治理效率,因而是现代企业理论的重要内容之一,也是激发企业活力的关键所在。由于市场经济充满着不确定性,所以企业在优化资本结构的过程中必然处处存在风险,这就要求企业必须对优化资本结构的基础和前提有一定深度的认识,进行综合考虑,明确优化的资本结构的标准及优化的途径,建立与企业本身相适应的资本结构。

Analysis of status quo and optimization path of enterprise capital structure

Capital structure optimization directly or indirectly influences capital cost,market value and management efficiency of enterprises,which is one of important contents of modern enterprise theory and is the key to triggering the dynamic behavior of enterprises.Because market economy is full of uncertainty,enterprises have risk in the process of optimizing capital structure.The enterprises must understand the basis and premise to optimize capital structure,must consider comprehensive factors,understand standard and the path to optimize capital structure and must establish capital structure which accords with the enterprises.