A connotative conclusion of this paper is, under the circum-stance lack of debenture instruments, the companies should reduce the bank debts and properly increase the equity capital, which means more growth opportunities. 本文的一个隐含结论是,我国企业在公司债券融资比重很小的情况下,应减少依赖银行债务,适度增加股权融资比率,这意味着公司有更多的成长机会。
In an annexation, there are many ways such as cash, stock, debenture to provide capital. 第一部分:明确了换股合并的概念与内涵。在公司合并中,有现金、股票、债券等出资购并方式,其中以股票为收购出资,即为换股合并。