上市公司融资渠道分析 大学毕业论文.docx

毕业论文 PAGE  PAGE XIX 摘 要 企业进行经营活动需要通过筹资来支持企业的发展。采用何种方式筹集资金则是企业需要结合自身实际情况认真探讨的一个问题。盲目的多样化选择融资渠道或者没有经过分析的选择都会影响企业的长期发展，这就更加需要详细分析和慎重选择融资方式。因此,本文主要针对以下几个方面进行探讨：首先，明确上市公司和融资渠道的概念；其次上市公司融资渠道的现状是对股权融资有独特偏好、对于债权融资和内源融资在上市公司中融资渠道偏低；再次，具体分析出现这样现状的原因有内源融资受到上市公司盈利能力低下的限制，融资成本的选择是导致我国上市公司融资行为特征的直接原因，证券市场发展不平衡并且存在漏洞等；最后，对于上市公司融资渠道出现的问题给予相应的对策，增加内部资金的积累，加强股权融资相关制度的建设和完善，继续发展公司的债券市场，引导资本市场健康发展。 关键词：上市公司 融资渠道 内源融资 外源融资 Abstract Enterprise business activities by financing to support the needs of enterprise development. The approach is enterprise need to raise funds with your own actual situation seriously about a problem. Blind diversified financing channel or no choice after analysis and make choices that affect the long term development, this is more require detailed analysis and discreet choice financing mode. Therefore, this article mainly aims at the following several aspects: first, clear listed companies and the financing channels concept,; Secondly the listed company of the status quo is financing channels of equity financing have unique preferences, for the creditors rights financing and internal financing in the listed company; in low financing channel Again, specific analysis appear such reason has internal financing status of the listed company profitability by low cost of financing restrictions, the choice is causing the financing behavior characteristics listed companies in China, the direct cause of the securities market development is not balanced and existence of loopholes, etc.; Finally, the listed company financing channels problems give corresponding countermeasures, increase internal capital accumulation, strengthening equity financing the construction and perfection of the relevant system, to continue the development of the bond market, guide the healthy development of the capital market. Key Words：Listed companies Financing channels Internal financing Exogenous financing 目