2005Journal of Xingtai Vocational and Technical CollegeRequires access

Paradox Analysis in Our Country of the Financing Theory

Zeng Wei-lin

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Abstract

The Chinese company stores in ahead of stock financing,and then creditor's rights financing,the end is an endogenous financing order of financing,this is contrary to managing money matters in the western company.The reason for producing this kind of phenomenon has already had such the driving of direct reason as financing cost,and is restraint in system and policy too.The author puts forward some feasible measures,in the hope of pecking at the realizing as soon as possible in the listed company of our country of order.

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The Chinese company stores in ahead of stock financing,and then creditor's rights financing,the end is an endogenous financing order of financing,this is contrary to managing money matters in the western company.The reason for producing this kind of phenomenon has already had such the driving of direct reason as financing cost,and is restraint in system and policy too.The author puts forward some feasible measures,in the hope of pecking at the realizing as soon as possible in the listed company of our country of order.

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Available abstract

The Chinese company stores in ahead of stock financing,and then creditor's rights financing,the end is an endogenous financing order of financing,this is contrary to managing money matters in the western company.The reason for producing this kind of phenomenon has already had such the driving of direct reason as financing cost,and is restraint in system and policy too.The author puts forward some feasible measures,in the hope of pecking at the realizing as soon as possible in the listed company of our country of order.

Key concepts: Creditor, Finance, Pecking order, Order (exchange), Pecking order theory, Stock (firearms), Internal financing, Risk financing

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