CAJ | 학술논문

现代金融理论的发展有赖于资本结构理论的演进，合理优化的资本结构对于现代企业而言无疑是至关重要的。文章以现代企业的资本结构为基本框架，系统地论述了西方资本结构理论的发展过程，并对各发展阶段资本结构理论进行了较为全面的探讨和评述。通过对资本结构理论的评述，以期对我国企业的融资结构提供有益的参考。
현대금융이론적발전유뢰우자본결구이론적연진，합리우화적자본결구대우현대기업이언무의시지관중요적。문장이현대기업적자본결구위기본광가，계통지논술료서방자본결구이론적발전과정，병대각발전계단자본결구이론진행료교위전면적탐토화평술。통과대자본결구이론적평술，이기대아국기업적융자결구제공유익적삼고。
The development of modern financial theory depends on capital structure theory, the optimal capital structure is undoubtedly vital to modern enterprises. Based on the modern enterprisers capital structure as the basic framework, this paper introduces the systematical development progress of western capital structure theory, and makes a comprehensive discussion and review to the capital structure theory at each development stage. Through the systematical introductions of capital structure theories, the paper provides the beneficial reference to the financing structure of the enterprises in our country.