Financing Contract

Financing is an important content in the corporate financial activities, the necessary condition of the enterprise's existence and development, the start point of capital management activities, and it is the foundation and precondition of investment activities. In the financial theories, the research of financing theory can be carried through in several ways. This paper establishes the concept of financial contract, and researches on the financing problem through the contract theory. Financial contract is a sub aggregation in enterprise contract aggregation, and financing contract is an important part in financial contract. This paper's research on financing contract begins with enterprise contract theory, analysis the attribute of financial contract, discusses the operation and efficiency of financing contract, then studies the financial rights allocation and financial governance functions of financing contract, and this paper makes extended research on the two special forms and system environment of financing contract.This paper has 7 chapters:Chapter 1, enterprise contract theory and the attribute of financial contract. This chapter first expatiates on the enterprise contract theory, analyzes the attribute of financial contract and introduces the concept of financial contract, then discusses the connotation, composing and characteristics of financial contract, and in the last this paper reconstructs the financial essential. The main content and viewpoints are: (1) Modern enterprises are a combination of a series of contracts. Through the analysis on the attributes of enterprises, we finds out that enterprise has contract attribute as well as production attributes, the former reveals the natural attribute of enterprises, and the latter reveals the social attribute of enterprises. Contracts are a series of behavior regulations that contracts parties build consciously in order to achieve certain purposes. Contracts are a kind of formalized internal system, a kind of operational rules, which are system arrangements. (2) The precondition of the origin of finance and contracts are transactions. Without transactions, there won't be any financial...