外部融资与“内部融资”相对。公司通过资本市场或某些投资者筹集投资项目所需要的资金的行为。主要方式包括债权融资和股权融资。
Agency cost is mainly relative to external financing because there is a clear trust-agent relation between the investors and the company that raises fund externally.
当企业通过外部融资时,投资者和融资企业存在明显的委托-代理关系。
参考来源 - 中小企业融资方式与融资效率研究·2,447,543篇论文数据，部分数据来源于NoteExpress
融资难主要有企业自身、金融机构以及外部环境几个方面的原因。
There are several aspects for the reasons of financing difficulties such as enterprises themselves, financial organization and external environment.
风险投资作为一种全新的投融资体制，除了有其独特的内部运行机制外，良好的外部环境也不可缺少。
For venture capital, as an entirely new mechanism of investment and financing, besides the unique internal operation system, a sound external environment is indispensable.
第四章是对金融资产管理公司外部环境建设的探讨和发展前景的展望。
Chapter 4: Discussions on Building outside Environments and development perspectives of AMC.
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