我国夹层融资发展分析  

Analysis on the Development of Mezzanine Financing in China

作　　者：李向前[1] 

机构地区：[1]天津财经大学,天津300222

出　　处：《金融理论与实践》2006年第12期16-18,共3页Financial Theory and Practice

摘　　要：传统的股权和债权融资结构已经很难满足企业融资的需求。作为兼顾股权融资和债券融资特征的夹层融资,近年来获得了巨大的发展。本文对夹层融资从需求和供给两个方面分析了其发展动因,并结合我国企业融资结构和资金特征,分析了我国发展夹层融资的前景。Traditional stock ownership and creditor right financing structure can not satisfy the demand of enterprise financing. Mezzanine financing, with the features of both stock ownership financing and bond financing, has made great progress in the recent years. This paper analyzes the causes for its development from both the demand side and the supply side, and discusses the prospect of developing mezzanine financing in the light of China＇s enterprise financing structure and fund feature.

关 键 词：夹层融资 需求 供给 

分 类 号：F830.9[经济管理—金融学]