包括库存现金、银行存款及周转金、零用金等，不包括已指定用途或依法律或契约受有限制者。
Consisting of cash on hand, cash in bank, revolving funds and petty cash, but cash that is either restricted to be used only for specified purposes or by regulation or contracts is excluded.
信息传递理论和代理成本理论认为，在激励契约中，负债和现金股利可以相互替代，但是现实中负债与现金股利却共存于激励契约。
The theory of information transition and agency cost argues that debt and dividend in incentive contract can mitigate adverse selection and moral hazard, and can be replaced by each other.
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