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關注:1
2013-05-23 12:21
求翻譯:負債籌資,由于利息是在稅前支付,具有節稅的功能,且所得稅率越高節稅效果越明顯。企業適度的負債可以大大降低其籌資的綜合資本成本。從理論上講,上市公司在籌資戰略的決策上必然追求綜合資本成本最低(即實現企業價值最大化),進而達到最優資本結構。實際上,目前我國的1300多家上市公司幾乎沒有任何一家會主動放棄再次發行股票進行股權融資的機會,形成了上市公司集中性的“配股熱”或“增發熱”。是什么意思?![]() ![]() 負債籌資,由于利息是在稅前支付,具有節稅的功能,且所得稅率越高節稅效果越明顯。企業適度的負債可以大大降低其籌資的綜合資本成本。從理論上講,上市公司在籌資戰略的決策上必然追求綜合資本成本最低(即實現企業價值最大化),進而達到最優資本結構。實際上,目前我國的1300多家上市公司幾乎沒有任何一家會主動放棄再次發行股票進行股權融資的機會,形成了上市公司集中性的“配股熱”或“增發熱”。
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2013-05-23 12:21:38
Debt financing, interest in pre-tax payment, tax-efficient features, and the higher the income tax rate, tax savings, the more obvious. The moderately liabilities of enterprises can significantly reduce the financing cost of capital. In theory, the listed companies in the decision-making on the fund
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2013-05-23 12:23:18
Debt financing, the interest payment is in pre-tax payments, tax section with the feature, the higher rate of income tax and tax effects. You can moderate your business debt financing for significantly reducing its overall cost of capital. Theoretically, the listing company in fund-raising strategy
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2013-05-23 12:24:58
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2013-05-23 12:26:38
Debt financing, because the interest is paid before taxes, tax-saving features, and higher income tax rate tax saving effect more obvious. Enterprise a moderate amount of consolidated capital cost of debt can significantly reduce its funding. In theory, a listed company in the inevitable pursuit of
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2013-05-23 12:28:18
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