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基于代理成本的企业债务融资契约安排研究 被引量:53

A Study on the Arrangement of Enterprise Debt Financing Contract Based on the Agency Cost
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摘要 通过债务融资能够缓和股东与经营者的冲突 ,进而降低股权融资的代理成本 ,然而 ,债务融资契约的引入又会产生债务融资的代理成本 ,因此 ,最佳债务融资比例的确定需要在股权融资与债务融资的代理成本之间进行权衡。本文依据代理理论 ,就基于代理成本的企业债务融资契约安排进行了研究。
作者 杨兴全 郑军
出处 《会计研究》 CSSCI 北大核心 2004年第7期61-66,共6页 Accounting Research
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参考文献15

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