internal financing

This paper mainly uses information limited and pecking order theory, according to the financing mode of financing, internal financing, debt financing and stock financing analysis of F Water Service Company financing strategy, and analyzed their risk, put forward risk prevention measures.

本文主要是运用信息有限性和融资优序理论，根据融资方式中的财政融资、内部融资、债权融资和股票融资分析了F水务公司的融资策略，并且分析了各自的风险，提出风险防范措施。

Based on Heckman model, applying field survey data from farmers on live pig supply chain, the influence of internal financing in supply chain on farmer credit availability is analyzed empirically.

基于heckman模型，运用生猪供应链上的农户实地调查数据，实证分析了供应链内部融资环境下影响农户信贷可获性的因素。

According to the regression results, we can know that the financial resources needed during the high growth process mainly come from the support of internal financing and debt financing. The debt financing is the preference of the companies in China during their process of development.

由此发现高增长所需的财务资源主要来自于·内部融资及债务融资的支撑，我国企业在发展过程中较偏好债务融资。

However, the preferred financing sequence in China is stock financing, floating debt financing, long-term debt financing and internal financing.

由于种种原因，我国的融资顺序表现为股权融资、短期债务融资、长期债务融资和内源融资。