企业资本结构与融资方式密不可分,融资方式不仅影响企业的长远发展,也影响资本市场的健康发展。由于我国是发展中国家,资本市场还不发达,上市公司资本结构的特征有着强烈的股权融资偏好,从而导致了我国上市公司融资行为与西方发达国家的差别。为此,应规范上市公司融资行为,完善企业制度,促进资本市场的健康发展。
Enterprise capital structure and financing way are connected tightly, financing way not only affected enterprises' long-term development, also affected the healthy development of capital market. Because our country is a developing country,the capital market is underdeveloped, the characteristics of listed companies' capital structure have a strong equity financing preference, which leads to the difference between listed companies' financing behaviors in our country and western developed countries. Therefore, we should standardize financing behaviors of listed companies, perfect the enterprise system, and promote the healthy development of capital market.