中文摘要：

文章系统地梳理了内部资本配置效率的理论和经验研究，主要包括两方面内容：一是影响内部资本配置效率的外部因素；二是影响内部资本配置效率的内部因素。评价现有文献的价值和存在问题，为我国企业内部资本市场的理论研究和实践提供启示。

英文摘要：

The paper systematically reviews theoretical and empirical literatures on the efficiency of internal capital allocation, including the external and internal determinants that affect efficiency in internal capital markets. In view of comments on existing literatures and problems, clues are enlightened for the future research and practice on efficiency in internal capital markets of China.