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企业的发展与市场环境变化息息相关,若金融市场发展稳定,前景广阔,那么企业则可以根据市场情况对融资机构做出合理的调整,使其内部资本结构实现最优化,此时企业的融资能力也达到最佳状态;相反,如果金融市场的环境不容乐观,受到人为因素的不良干预,那么资金价格就会出现不同程度的扭曲,企业可以进行融资的渠道都会受到一定的阻滞,其资本结构无法得到有效优化,企业融资能力降低,难以实现健康、长远的发展。因而可以说金融抑制对中国企业融资能力有极大的影响,文中将对此展开实证研究。
The development of enterprises is closely related to the changes in the market environment. If the financial markets are stable and have a bright future, then the enterprises may make reasonable adjustments to the financing institutions according to market conditions to optimize the internal capital structure. At the same time, the financing ability of enterprises To the best condition; on the contrary, if the financial market environment is not optimistic and is adversely interfered by human factors, the capital price will be distorted in varying degrees. The channels through which the enterprises can finance will be somewhat blocked and their capital structure will not be able to be met It is difficult to achieve healthy and long-term development through effective optimization, reduction of corporate financing ability. Therefore, it can be said that the financial repression has a great influence on the financing ability of Chinese enterprises, and an empirical study will be conducted in this paper.