Evaluation and Study of Corporation Finance of Independent Power Generators
HE Hai-feng, FENG Jing (School of Business Administration, NCEPU, Beijing 102206, China)
After “Separation of generations and grid” and “Competition on the grid”, independent power generator will be a primary part of Chinese future power market. The core for independent power generators' existence and growth is corporate finance, which includes capital budgeting, financing decisions and capital structure, and dividend policy. The paper writers try to form a draft framework for independent power generatiors’ corporate finance in the background of Chinese regulations for investment in power industry, appraising for enterprises’ performance and financial markets, and then listed typical problems lying in methods, indexes and formalities in present practice and resolutions for it.
【CateGory Index】： F407.6