信息不完全是我国资本市场的一个显著特征,而信号博弈模型正是用来有效分析信息不完全的一种动态博弈模型,本文通过建立这种模型分析得出,高盈利能力的企业只有以适当的股权比例和股价,同时提高经营情况的透明度,保持良好的公众形象,及时向投资者传递有用的正面信息,建立有效的信号传递机制才能在资本市场上顺利筹资。 Incomplete information is a notable feature of China’s capital market. However, the signal game model is a dynamic game model used to effectively analyze incomplete information. Through the analysis of this model, this paper shows that the high profitability of the enterprise can only be achieved by appropriate Equity ratio and stock price, at the same time improve the transparency of business operation, maintain a good public image, deliver useful and positive information to investors in time and establish an effective signaling mechanism to successfully raise capital in the capital market.