| Enterprises should take advantage of growing up always with the interests of external sources or three external debt financing, the final shape of the capital structure of enterprises, and change the management structure of enterprises. Enterprise financing options is internal shareholders and creditors manager parties of the results of the game, at the same time, enterprises will be internal to the enterprise with external investors to invest between games. In this process of enterprise control factors, prior information asymmetry factors, subsequent information asymmetry factors, business owners for the risk of insolvency and debt re-negotiation capability considerations, the enterprise is the life cycle, historical and institutional factors, and the enterprises themselves opportunities in the high growth, profitability, debt capacity and other factors. All of these factors affect the decision-making and corporate finance investors choose for analysis. It industry growth of listed companies is an important factor influencing the choice of financing. Companies in the selection of financing, the various financing will be released over the information into account. Growth of higher debt financing companies will use the release of the project favorable signal to avoid excessive financing costs. At the same time enjoy the company of the proceeds of future rapid growth around. Between the interests of creditors and shareholders conflict, resulting in alternative assets behavior. The higher growth of the company, the creditors bear more costs of the possibility of alternative assets, and therefore will... |