现代西方资本结构理论对中国的政策启示

MM理论的提出奠定了现代金融学和理财学的基础，但由于该理论众多假设条件及经济社会的不断变化，使其存在一些缺陷或局限性。随后的经济学家们对MM理论的不断修正使其得到了进一步的发展和完善，对中国上市公司健康发展和资本市场的进一步完善具有重要的政策启示。

On the Modern West Capital Structure Theory's Development and it's Inspires to China's Policy

The MM theory has established the modern finance study and the managing finances study foundation,but because the numerous supposition conditions and the economic society factor changes unceasingly,it has some flaws or limitations.Afterward economists revised unceasingly to the MM theory enable it to obtain the further development and the consummation.It has some major policy enlightenments which further consummates to the capital market and the healthy development of China's listed companies.