风险贴水 meaning in English

risk premium

There are a lot of conclusions yet in debt financing and stock financing : for example debt financing is superior to stock financing because of the existence of tax shield and risk premium , but obviously many this kind of conclusions are overthrown during our country ' s economical operation
债权与股权融资本来已经有许多结论：如由于税盾与风险贴水，债务融资优于股票融资；融资顺序理论等。但显然在我国经济运行中许多这种结论被否定，好像是出现了无效率。