financing constraint 融资约束
- Results show that companies in financial distress confront more serious financing constraint because more serious information asymmetry and more moral hazard behaviors happen in such companies.
结果表明,陷入困境后的企业因更严重的信息不对称和代理问题而遭受更严重的融资约束; - How effective solution to the financing constraint securities companies, for securities firms to grow and develop their own, the smooth functioning of financial markets are of great significance.
若何有用地解决证券公司地融资约束问题,关于证券公司本身地强大开展,金融商场地平稳运转都有着主要意义。 - Based on a sample of listed manufacturing companies in China, this paper studies the effects of non-relative diversified operation on investment decisions from the perspective of financing constraint.
本文以中国制造业上市公司为研究样本,从“融资约束”的视角研究了非相关多元化经营对企业投资决策的影响。
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