目 录
引言···························································2
一、融资的基本概念·············································2
二、企业融资的基本方式·········································2
(一)内源融资与外源融资·········································2
(二)直接融资与间接融资·········································3
三、我国上市公司筹资方式选择的现状分析·························3
(一)多种融资方式中首选股权融资·······························4
(二)第二大选择就是债券融资···································4
四、中国上市公司偏好股权筹资的原因·····························4
(一)融资方式自身原因···········································4
(二)上市公司内部原因···········································4
(三)外部市场原因···············································5
五、全球的融资结构中国上市公司融资创新探索·····················5
六、总结·······················································5
参考文献·······················································6
引言
资金对每个企业来说都是稀缺资源,在市场经济的大环境下,我国上市公司的数量与规模越来越大,企业筹资方式日趋多样化,并衍生了一大批新兴金融筹资方式,例如股权转债、权证、债权筹资等,为上市公司融资提供了资金来源保障。同时在国家行政金融机构的监督管理下,企业的资本结构也趋于合理,但是以目前的市场环境来看,上市公司的筹资成本仍然过高,我国上市公司普遍存在“重股票,轻债券”的思想,其风险也较之于国外上市企业资金风险更大。为改变上市公司筹资现状、降低融资风险,则必须对现有筹资方式进行深化和创新,在原有基础上开拓新型融资渠道,使其更加符合现代企业上市的经济环境,利于风险控制。本文主要分析了当前我国上市公司主要筹资方式,探讨了上市企业在筹资中存在的主要问题,并对创新筹资方式提出了几点建议,以优化上市公司的资本结构,降低其融资风险。