融资制度变迁与我国家族企业的融资行为

通过构建家族企业融资行为函数,分别分析不同融资制度条件下,我国家族企业融资行为的变迁和制约因素,家族企业无论处于哪一个发展阶段,家族都始终掌握着最大比例的所有权,绝不会轻易放弃对企业所有权的绝对控制,表现在融资结构上家庭所占的比例为绝对优势,需要建立并不断完善资本市场的法律法规体系,降低新“一股独大”的危害;建立规范的公司法人治理结构,改变内部人控制现象等措施。

Transition of Financing System and an Analysis on the Financing Activities of Family Business in China

By the financing activities function of family business, the transition of the financing activities and the factors, which cause the transition, are analyzed under different conditions, and the idea that the family business accounts for the absolute predominance proportion at financing structure and never gives up the controllable states at any circumstance is put forward. A sound laws and regulations system need to be established to reduce new" a share alone great" danger. A normal company corporate governance structure should be set up, and inside people controlling should be changed, etc.