论可转换债券运作与企业资本结构优化程兴华汪良忠一、可转换债券最本质的功能在于调整和优化企业资本结构毋庸置疑，在市场经济条件下，企业的经营本质上是一种资本经营，即以资本效益为核心、以资本增值为目的的经济行为和经营活动。资本经营客观上要求企业根据其所处环... On the operation of convertible bonds and the optimization of enterprise’s capital structure Cheng Xinghua Wang Liangzhong First, the most essential function of convertible bonds is to adjust and optimize the capital structure of enterprises There is no doubt that under market economy, the operation of an enterprise is essentially a kind of capital operation, that is, Economic activities and business activities with capital efficiency as the core and capital appreciation as the objective. Capital management objectively requires enterprises according to their ...