%0 Journal Article %T Relationship of environmental dynamism,strategic assets and debt financing
环境动态性、战略资产与债务融资 %A REN Shu-ming~ %A ZHANG Mao-jun~ %A XIA Zun-quan~ %A
任曙明 %A 张茂军 %A 夏尊铨 %J 系统工程理论与实践 %D 2010 %I %X This paper provided an optimal capital structure model,in which we maximized the company's value as the objective function of the problem.In the model,output decisions and financing decisions were affected by environmental dynamism including competition in product market,demand fluctuation and technology shock.We designed the objective function by introducing demand fluctuation and technology shock directly.In the objective function,we also considered indirectly the competition in product market by adjustin... %K environmental dynamism %K strategic assets %K debt financing %K competition strategy %K capital structure
环境动态 %K 战略资产 %K 债务融资 %K 竞争战略 %K 资本结构 %U http://www.alljournals.cn/get_abstract_url.aspx?pcid=01BA20E8BA813E1908F3698710BBFEFEE816345F465FEBA5&cid=962324E222C1AC1D&jid=1D057D9E7CAD6BEE9FA97306E08E48D3&aid=B3CF98BB735F9232D9DD36ADFD3A04AD&yid=140ECF96957D60B2&vid=340AC2BF8E7AB4FD&iid=0B39A22176CE99FB&sid=527AEE9F3446633A&eid=1D67BE204FBF4800&journal_id=1000-6788&journal_name=系统工程理论与实践&referenced_num=0&reference_num=0