学年论文_电信业上市公司负债融资财务分析.docVIP

沈 阳 工 学 院 ? 学 年 论 文 ? ? ????? ???????????????????? 题??? 目：???电信业上市公司负债融资的财务分析 ? ? ? ???????????????????????????院 系： 经济与管理学院 ?????????????????????????? 专??? 业： 会计学??? ?????????????????????????? 学生姓名：侯 泽 义?????? ? ?????????????????????????? 指导教师：夏 天??????? ??? ???? 2015年??? 7月 ?17日  摘 要 学术界一直广泛研究企业资本结构。但学者们倾向于股权融资的研究，对于负债融资的研究较少。通过负债融资，股权的成本能够得到降低，负债融资可以使经营者的行为得到约束和激励，负债融资会使得企业经营业绩显著提高，并能够向外部投资者显示企业的真实价值。电信业是国家发展的支柱性产业，电信业因其定位的特殊性更容易进行负债融资，但是电信业上市公司负债融资的财务效应并不明显，在此基础上，本文通过相关理论及数据研究，对电信业上市公司负债融资提出了一些建议，以期促进电信业上市公司的更好发展。 文章论述分为个步骤，首先,论文介绍了研究电信业上市公司负债融资财务治效应的背景和意义,其次,本文论述负债融资理论。再次，研究电信业上市公司负债融资的财务效应。最后，针对电信业上市公司的负债融资所存在的问题，提出改革建议。 电信业上市公司负债融资财务Abstract Academic circles have been studying the capital structure of enterprise. But scholars tend to study the equity financing, the research on debt financing is less. The real value through debt financing, the cost of equity to be reduced, debt financing can make the behavior of the operator incentive and restraint and that debt financing will significantly improve the business performance, and can display the enterprise to outside investors. Telecom industry is the pillar industry of national development, telecommunications industry because of the particularity of its positioning easier for debt financing, but the telecom industry listed company, debt financing, financial effect is not obvious, based on, this paper the relevant theory and research data, to telecom industry listed companies in debt financing proposed some suggestions, in order to promote the better development of the listed companies in the telecommunications industry. This paper is divided into three steps. Firstly, the paper introduces the background and significance of the research on the financial governance effect of debt financing in the telecommunication industry. Once again, the research on the financial effect of the listing Corporation of the telecommunications industry. Finally, for the problems of the financing