在西方经典资本结构理论的提出,是站在其日渐发展成熟的资本市场背景下,将这些理论直接用于指导我国的企业实际经营,尚有不足之处。考虑到我国实际情况,将企业价值的直接表征—— The proposal of Western classic capital structure theory is based on its increasingly mature capital market. There are still some shortcomings in using these theories directly to guide the actual operation of Chinese enterprises. Taking into account the actual situation in our country, the direct characterization of enterprise value -