Unlike debt financing, the decision for a business or a bank to choose equity financing is a difficult one. It does not involve just borrowing money and repaying the principal with interest. It is actually selling the ownership interest in the business to people who are interested in the company. Equity financing also requires a willingness to share management control with the investors. Any major decisions that will affect the future of the company will need to be approved by a majority vote at a meeting of the stockholders. Any repercussions following these decisions will be the responsibility of the Board of Directors. In some countries, the Board can be personally and in extreme cases financially accountable for any negligence.

不像债务融资，企业或银行要选择股权融资的决定非常困难。它不仅涉及到借款和付还本息。事实上还出售企业的所有者权益给对该公司感兴趣的人。股权融资还要求自愿与投资商分享经营管理权。任何会影响公司前途的主要决策都必须在股东会议上获得多数票才能通过。执行这些决策的任何结果都是董事会的职责。在某些国家，董事会可能要直接并在极端情况下对任何疏忽承担财务责任。