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资本结构优化与企业价值最大化外文翻译

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easures to influence the level of agency costs, will affect the enterprise value. Therefore, the rights and interests of the enterprise capital structure is the basis of the formation of enterprise control, position of equity capital and debt capital is the root of shareholders and creditors' interest contradictions. The optimization of capital structure, must want to establish a reasonable proportion of corporate equity structure and forms the enterprise to seek to maximize the enterprise value of the agency relationship as the goal. To enhance the efficiency of China's enterprises to form in pursuit of the enterprise, make the enterprise value maximize governance structure, we must improve the structure of property right configuration pany governance, and strengthen the creditor as well.

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