The Research On The Financing Structure And Optimization Of The Listed Companies In China

With the rapid development of our national economy, it is a common situation where enterprises can not obtain enough capital and consequently lose the opportunity of development. The key problem preventing enterprises from obtaining development fund is the high financing costs.This paper analyzes the listed company’s finance costs and finds out the main reason,proposes reasonable suggestions to reduce cooperate finance costs,which is of great importance to its development.This paper applies relevant financial theory and analyzes the current situation of enterprise financial cost objectively on the large listed companies financial data. Methods should be adopted after dissectingand finding out the symptoms in order to solve the problems that enterprises come across in financing.In the firstchapter,the research background,significance,relevant literature review and the specific methods have been elaborated. The second chapter introduces the relevant theories and financing mode classification.The third chapter presents a detailed analysis for the current condition of financial expense’s,the structure of financial expense and the main factors affecting financial expense and credit capacity through the analysis,sorting,summary of the financial expense current condition20-30 listed sample enterprises.The fourth chapter illustrates the problems in enterprise financing process and makes a profound analysis for its reasons accordingly. In the fourth chapter, the process of enterprise financing in our country’s problems: in the enterprises of our country high financial costs, assets and liabilities rate is high, real economy and virtual economy upside down profit listed.Several drawbacks have been exposed to us:In China,the mode of enterprise financing is too single,the financing cost is too high,the proportion of indirect financing is too heavy while the direct one is too weak and systematically imperfect,meanwhile, deficient in relevant management and oversight bodies.The fifth chapter concrete suggestion are as follows:optimize the enterprise capital structure,rectify bank’s lending rates,lower enterprise bond,improve national legal system of securities market,strengthen the new financing tool,regulate non-government loan behavior,learn from international experiences.