过期

Then it retraces and appraises the development of capital structure theory, and indicates that considering the effects of bankruptcy cost, agency cost and nonsymmetrical information, in order to achieve the maximization of market value, the reasonable financing sequence is: raising money inside enterprise, borrow money from outside, transferable bonds and stock.

然后，通过对资本结构理论发展的回顾和评价，并指出围绕企业市场价值最大化的目标，考虑到破产成本、代理成本以及信息不对称对企业资本结构的影响，企业合理的技术融资顺序应该是：内源融资、举债、可转换债券和股票，但企业最高融资境界却是以制度、并购、控股以及品牌输出、合资合作为内容的融资行为。

But perhaps the biggest transformation was a fundamental change in attitude about customer service.

然而，最大的转变或许还在于其客户服务观念的根本性变化。