It shows that debt maturity has a signaling function at the occurrence of separating equilibrium under the condition of adverse selection,which is to say,good firms issue short-term debt to signal his quality and bad firms have to choose to issue long-term debt.
文章从信息非对称导致的逆向选择和道德风险两个方面出发,研究了债务期限选择对企业的影响,并指出:逆向选择下出现分离均衡时企业债务期限具有信号显示功能,即高质量企业选择更多的短期债务来传递高质量信号,低质量企业只能选择长期债务;同时债务期限与道德风险引起的债务代理成本有紧密的关系,缩短债务期限有利于降低债务代理成本。
maintain long and steady Business relations with more than 100 cooperative enterprises
拥有100 多家稳固的长期业务协作企业
We sincerely hope that this will lead to a long connection with you.
希望此次交易能使双方保持长期业务联系。
Please take into consideration our long - stand business relation and supply us with some black tea by all means .
请看在我们之间长期业务关系的份上务必供给我们一些红茶。
I hope we can establish a long-term business relation.
我希望我们能建立长期的业务关系。
Seasonal Financial Strategy and Enterprise Sustainable Growth Rate;
周期性财务战略与企业可持续增长率
This product will ensure long-term growth and prosperity for our company.
这种产品将保证我们公司业务长期增长和繁荣。
After a long struggle, she gained control of the business.
她经过长期的努力, 在业务上已能应付自如.
I'll try my best to establish regular business relations with them.
我将尽力和他们建立起长期的业务关系。
In view of our long-standing relations, we decide to reduce the price.
鉴于我们长期的业务关系，我们决定降价。
And provides the long-term product necessary service for the number food enterprise.
并为数家食品企业提供长期的产品配套服务。
Align long/short term infrastructure design with business goals
根据业务目标调整长/短期基础结构设计
Strategy Research on Business Innovation of CCF in the Transitional Period of Access to WTO
长沙卷烟厂入世过渡期业务拓展战略研究
New Development of the Long Range Forecast Operation of NMS in USA──Issuing Climate Outlooks
美国长期天气预报业务的新发展──发布气候展望
the perennial dilemma between getting on at work and fulfilling family commitments
事业成功与履行家庭义务之间长期存在的矛盾
Strategic Decision Analyses of Financially Distressed Enterprise Based on Growth Option;
基于成长期权的财务困境企业战略决策分析
Debt Disputes in Sugar Industry in Neijiang,Sichuan,During the Period of Anti-Japanese War
抗战时期四川内江蔗糖业的长项债务纠纷
funded debt: The debt of a Business or government in the form of outstanding Bonds and other long-term notes.
长期债务:企业或政府以未偿还债券和其他长期票据形式承担的债务。
Debt Financing and Debt Maturities vs.Enterprise Growth;
债务融资、债务期限与企业的成长性——来自我国上市公司的经验证据