上市公司再融资方式研究外文文献翻译2017.doc

外文文献翻译 原文及译文 文献出处：Ford A. The study on the refinancing of listed companies[J]. Journal of Financial Economics, 2017, 3(5): 29-40. 原文 The study on the refinancing of listed companies Ford Amy Abstract Fund is the blood of the enterprise, is the first driving force of enterprise economic activity. The most important function of securities market is to achieve the optimal allocation of resources, and the refinancing of listed companies is important way to achieve optimal allocation of resources market. Through the securities market to refinance, has become the external financing of listed companies is more and more important source of funds. Listed companies financing includes financing and refinancing two basic forms. Start financing is refers to the listed companies financing behavior for the first time in the open market. Refinancing is refers to the listed companies after starting the financing, in order to maintain its market competition status, through the open market again the financing behavior, specific can include a rights issue, issue, convertible bonds, corporate bonds, bank credit, etc. Key words: The listed company, Refinancing, Securities market, Business performance 1 Introduction Scholars for listed companies refinancing research Gui more concentrated in the choice of the ways of refinancing, causes, problems and so on. The research about the relation between refinancing way and the performance is more focused on rights, such as secondary classes of equity refinancing way influence on enterprise performance, lack of corporate bonds, bank credit and other debt refinancing way to research on the effects of corporate performance. Refinancing way also gradually become enterprise preferred channels to raise money. This article explores the refinancing behavior of listed companies and business performance, aimed at studying whether the refinancing behavior will affect the performance of the enterprise financing after several year and oper