The choice of the optimal financing policy can avoid the problem of overinvestment and underinvestment, caused by the information asymmetry, to some extent. 企業(yè)是一系列契約的有機組合,不完備的股權和債權融資契約在企業(yè)契約體系中處于基礎地位。
A proper selection of maturity structure of debt financing is for enterprises to reduce the cost and boost the revenue of debt financing in order to maximize the enterprise value. 企業(yè)對債權融資期限結構進(jìn)行選擇,目的是為了降低債權融資成本,提高債權融資的收益,最終促進(jìn)企業(yè)價(jià)值最大化的實(shí)現。