Debt term structure and debt category structure have an important effect on debt agency cost.
债务的期限结构、类型结构都将对代理成本的高低产生影响。
Bonds in enterprise debts have signaling function, which can lower debt agency cost on the whole.
企业债务中的债券具有的信号显示功能，有助于总体债务代理成本的降低。
For debt also has agency cost, an enterprise has to weigh between equity agency cost and debt agency cost when making capital structure decision.
但由于债务本身亦存在代理成本，因此，企业资本结构决策必须在股权代理成本与债务代理成本之间做出权衡。
According to agency theory, the cause of enterprise incurring debt is to ease up the conflict between the management and shareholders and limit equity agency cost by debt.
根据代理理论的解释，企业负债的原因是为了利用负债来约束股东与管理层之间的冲突，降低股权代理成本。
The theory of information transition and agency cost argues that debt and dividend in incentive contract can mitigate adverse selection and moral hazard, and can be replaced by each other.
信息传递理论和代理成本理论认为，在激励契约中，负债和现金股利可以相互替代，但是现实中负债与现金股利却共存于激励契约。
This paper takes the electric power industry as an sample and analyses the debt financing structure based on the agency cost theory in order to find out the optimized agency cost.
本选题选取电力上市公司为样本，对上市公司债权结构进行实证分析，并基于代理成本理论进行研究和探讨，以期找出最优代理成本。
This paper takes the electric power industry as an sample and analyses the debt financing structure based on the agency cost theory in order to find out the optimized agency cost.
本选题选取电力上市公司为样本，对上市公司债权结构进行实证分析，并基于代理成本理论进行研究和探讨，以期找出最优代理成本。
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