Is There a General Free Cash Flow Theory of Capital Structure?
是否有一个通用免费现金流的资本结构理论？
The second part is about the general theory of capital structure.
第二部分，资本结构的一般理论。
The relationship between corporation capital structure and corporation value is the eternal topic of the theory of capital structure.
公司的资本结构和公司价值的关系是资本结构理论探讨的永恒的话题。
It gives a detailed introduction of the theory of capital structure in chapter 2, the theory foundation for the following chapter's discussion.
第二章详细介绍了资本结构的理论，为以后各章的研究奠定理论基础。
Since the birth of MM irrelevance theory, the economic circles have been paying intensive attention to the theory of capital structure in enterprises.
自从MM不相关理论诞生以来，企业资本结构理论引起了经济学界的广泛关注。
Since the birth of MM irrelevance theorem, the economic circles have been paying intensive attention to the theory of capital structure in enterprises.
自从MM不相关定理诞生以来，企业资本结构理论引起了经济学界的广泛关注。
Based on the objective of financial management, the theory of capital structure and their relationship, the capital structure of the latest research result have been compiled.
本文通过研究财务管理目标、资本结构理论以及它们的关系，梳理了资本结构理论的最新研究成果。
In fact, enterprises debts are different in their debt financing structure, and according to the theory of capital structure, the research on debt financing structure is immature.
但实际上，在企业发行的债务中，债务结构特征存在较大差异，并且相对于资本结构的理论研究成果而言，其研究尚且不够成熟。
This paper argues that a debt policy model based on the theory of capital structure policy can effectively generate quantitative evaluations of the debt policies of Chinese listed companies.
应用资本结构政策理论所构建的债务政策模型，可以对我国上市公司债务政策进行有效的量化评价。
It introduces the theory of capital structure in western countries, reviews the empirical research of factors in capital structure at home and abroad, which paves the way for the following study.
介绍了西方国家资本结构理论，回顾了国内外关于资本结构影响因素的实证研究成果，为下文的研究作铺垫。
The thesis introduces domestic and foreign main capital structure theory and analyzes capital structure condition of the listed enterprises in our country.
论文介绍了国内外主流的资本结构理论，并对我国上市企业的资本结构情况进行了分析。
Theory on capital structure is the theory on how to define ratios of debt capital and equity capital of enterprise capital structure under the target of realizing maximization of enterprise value.
资本结构理论是研究在实现企业价值最大化的目标下，企业资本结构中债务资本与权益资本的比例如何确定的理论。
The theory of corporate capital structure has been in focus by economic circles since MM theorem was born.
自从MM定理诞生以来，企业的资本结构理论一直是经济学界关注的焦点之一。
However, domestic scholars have discovered that the capital structure of our country contravened the theory frame of capital structure.
然而，国内学者的研究却发现我国企业的资本结构有违资本结构理论框架。
Abstract: Capital structure theory is the modern financial theory and financial management theory is one of the important cornerstone.
摘要资本结构理论是现代金融理论和财务管理理论的重要基石之一。
Of my theory, the capital structure is key.
在我的学说里，资本结构是关键。
The major flaw of modern capital structure theory is that it cannot explain very well many enterprises remain low debt levels when tax benefits is large and bankruptcy costs is small.
现代资本结构理论的主要缺陷是无法很好的解释许多企业在税收利益很大、破产成本很小的情况下，仍然保持很低的负债水平。
Since the birth of MM theory, the capital structure theory of corporation has been one of the focuses of the field of economics.
自从MM定理诞生以来，公司的资本结构理论一直是经济学界关注的焦点之一。
But the capital structure theory builds on the developed merchandise economy, the consummate governing structure of enterprise and the bund source which is abundance and stabile.
但是，资本结构理论是以公司治理结构较为完善、资金来源充足稳定作为前提条件，建立在发达的商品经济基础上的。
The inspiration from the theory of modern capital structure is that indebtedness can bring tax avoidance and income from financial leverage to electric enterprises.
通过分析现代资本结构理论，得到了负债经营可为电力企业带来避税效应和财务杠杆利益的启示。
Capital structure is related to firm market value, and the relation between capital structure and firm value is systematically discussed by the theory of time marketing.
企业的资本结构选择与企业市场价值相关，市场择机理论系统地阐述了二者之间的关系。
According to the capital structure theory of financial bankruptcy cost, the debts bring out negative efficiency when debts come to a certain ratio since the financial bankruptcy increases.
根据财务危机成本的资本结构理论，当负债达到一定比例后，由于财务风险的增加，负债对企业价值产生负效应。
Debt maturity structure is an important part to compose theory of firm capital structure.
企业债务期限结构是现代企业资本结构理论的一个重要组成部分。
Modern capital structure theory thinks that the reasonable arrangement of capital structure can decrease capital cost and increase enterprise value.
现代资本结构理论认为，通过资本结构的合理安排可以降低资本成本提升企业价值。
How come Western capital structure Theory that can account for enterprises' capital structure of one country can not do so of another country?
资本结构理论能够解释某一个国家企业资本结构形成机制却不能解释另一个国家的企业资本结构。
The theory of corporate capital structure deals with the determination of the ratio among equity capital, stock and debt to maximize corporate market value.
企业资本结构理论研究的是，企业应该如何确定其自有资本、股权资本和债务资本的比例，才能使企业的市场价值最大化。
On the basis of theory analysis, a series of empirical analysis have been conducted in terms of listed companies capital structure of China.
在理论分析的基础上，本文对中国上市公司资本结构选择进行了一系列的实证分析。
On the basis of theory analysis, a series of empirical analysis have been conducted in terms of listed companies capital structure of China.
在理论分析的基础上，本文对中国上市公司资本结构选择进行了一系列的实证分析。
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