Analysis On The Financing Channels Of Agricultural Listed Companies In China

Our country is a great agricultural country, agriculture has always beenpaid great attention by generations of leaders, as it is the foundation of thenation’s economic development, and it is related to the country’s political,economic, and social stability. The role of the Agriculture in China’seconomic development is critical. As the leading enterprises in agriculturaldevelopment and the representatives of advanced agricultural productivity,whether agricultural listed companies can healthy and steady developmentin the future becomes the key to the key. Agricultural listed companies inour country also holds an important position in speeding up agriculturalindustrialization, improving agricultural management benefit, and thequality of agricultural products. But now, most of the agricultural listedcompanies are facing financing difficulties. How to solve the problems offinancing difficulties among the agricultural listed companies has becomethe subject of common concern of government, enterprises and academia.This paper focuses on the Financing Channels of Agricultural ListedCompanies in China. The first chapter is the introduction, introducing thebackground of selecting this topic, technical route of researching, maincontent, innovation and deficiency. The background of the research is thatthe financing channels of agricultural listed companies are financing onexogenous financing, while are ignorant of the endogenous financing. Themain technical route is the normative analysis. The second chapter analyzesthe various financing means of agricultural listed companies and the effectsof the different means. The financing channels can be divided into thelong-term financing and the short-term financing, the internal financing andthe external financing. Then expounds the financing environment and theopportunities of agricultural listed companies in three dimensions——thenational guidelines, the basic policies, and the industrial environment. The third chapter analyses the situation of the financing channels at presentstage, respectively from the aspects of the debt and the equity, endogenousand exogenous channels, two categories for analysis. The fourth chapteranalyses the reasons of the financing plights agricultural listed companiesfacing. There is macro factors of our country and micro factors within threeindustries and the agriculture industry itself. The fifth chapter selectsNiuShan co., LTD. as the example to carry on the empirical analysis. Thispart places particular stress on the present situation, reasons andcountermeasures of the NiuShan co., LTD financing, which paves the wayfor the next part to put forward guidelines and policies. The sixth chaptercomes up with the countermeasures to solve the financing problems,respectively from three demissions——the state, financial institutions,agricultural listed companies itself. The seventh chapter summarizes thewhole paper and points out the deficiency of this article.