[毕业设计精品]负债经营财务效应分析及负债结构优化

本科生毕业论文负债经营财务效应分析及负债结构优化姓名学号专业财务管理指导教师讲师2008年4月30日摘要II目前，随着市场经济的日益深人，企业要在激烈的市场竞争中寻求生存或立于不败之地，必须不断增强其自身经济实力。如果将企业看作一个生命个体，那么维持其正常生命活动的血液，便是资金。当前，我国的绝大部分企业，普遍面临资金短缺的局面，因而，如何获取资金对企业界也是一个至关重要的决策。负债经营是一种有效的经营方式，在激烈的市场竞争中，广为中外企业普遍采用，负债经营在一定条件下能为企业带来生机和巨大效益，但同时也具有不利的风险一面，因此，正确G16760G16794负债经营G2462带来的风险，G1817分G2469G6393G4439的正面效G5224，G4625G2499能G18003G1825或G6523G2058其不利因G13044，G3374持G17878G5242负债，G1260G2282负债G13479G7512，G1209实G10628企业G1227G1552G7380大G2282的目的。为G1114G2524G10714确定负债经营的G5242，我G1216有必要G16760G16794企业G17839G15904负债决策的G1393G6466。企业G1227G1552是企业G2520种经济G15904为的G13520G2524G2465G7156，也是企业G1582G1998G2520种经济决策的G3534G7424G1393G6466。G7424G7003将企业G1227G1552分为G989G12879，G5194G16760为G5224G1209企业G2345G1313自有资G1147G1227G1552G7380大G2282作为负债决策的G1393G6466。负债对企业G1227G1552的G5445G2721是G3822G4630G8437的，G4439不但G2499能增G2164企业的自有资G1147G1227G1552，也G2499能G1955G4581其G1227G1552。当G9994在G10628实的负债决策中，我G1216必须G20330G1820G10714G20046企业经营G13785同企业G6164有G13785的关G13007，G1363企业G1227G1552G11507正G6116为企业G12661G10714G13785的重要决策G1393G6466和G13783G7692G6363G7643，G2494有G17837G7691，G6177能G1363企业的负债决策G5326立在企业G1227G1552的G3534G11796之G990。G7380G2530G16764G16782G1114如何确定G1260G2282负债资G7424G13479G7512G451G7380G1351负债G13479G7512，G5194G4613企业G17878G5242负债经营的G5242的确定G1582G1114G16764G16782，G1363企业在竞争中立于不败之地G17839而实G10628企业G1227G1552G7380大G2282。关键词负债经营G727G17142G2165风险G727G17142G2165效G5224IIIABSTRACTATPRESENT,WITHTHEINCREASINGLYPENETRATINGOFMARKETECONOMY,THEENTERPRISEMUSTSTRENGTHENITSECONOMICPOWERCONTINUOUSLYIFITWANTSTOBEEXISTENCEAMONGTHEFURIOUSCOMPETITIONORINAINVINCIBLEPOSITIONIFWETAKETHEENTERPRISEASALIFEINDIVIDUAL,THEBLOODTHATKEEPSITSNORMALLIFEACTIVITYISFUNDSMOSTOFTHEENTERPRISESOFOURCOUNTRYAREFACINGTHESITUATIONOFSHORTINGFUNDSCURRENTLYTHEREFORE,TOTHEENTERPRISEFIELD,HOWTOOBTAINFUNDSISACRUCIALDECISIONLIABILITIESMANAGEMENTWHICHISAKINDOFVALIDMANAGEMENTMETHODISWIDELYADOPTEDBYTHEENTERPRISEBOTHATHOMEANDABROADINTHEFURIOSCOMPETITIONMARKETALTHOUGHLIABILITIESMANAGEMENTCANBRINGSOURCEOFVITALITY,HUGEBENTFICIALRESULTANDDISADVANTAGESANDGREATRISKSUNDERSTANDINGLIABILITIESMANAGEMENTANDITRISKSCORRECTLY,DEVELOPINGITSACTIVEEFFECTFULLY,AVOIDINGORCONTROLLINGDISADVANTAGEOUSFACTORPOSSIBLY,INSISTINGMODERATELIABILITIES,EXCELLENTLIABILITIESSTRUCTURE,WHICHCANKEEPTHEENTERPRISEINAINVINCIBLEPOSITIONANDREALIZETHEMAXIMIZEOFTHEENTERPRISEVALUETODETERMINEONBORROWINGS,WEHAVETHEESSENTIALUNDERSTANDINGENTERPRISETOCARRYONTHEDEBTDECISIONMAKINGTHEBASISTHEENTERPRISEVALUEISTHEENTERPRISEEACHECONOMICACTIVITIESSYNTHESISREFLECTED,ISALSOTHEENTERPRISEMAKESEACHKINDOFECONOMICDECISIONMAKINGTHEBASICBASISTHISARTICLEDIVIDESINTOTHEENTERPRISEVALUETHREEKINDS,ANDTHOUGHTTHATSHOULDTAKETHEDEBTDECISIONMAKINGBYTHEENTERPRISEUNITINNATEPROPERTYVALUEMAXIMIZATIONTHEBASISTHEDEBTTOENTERPRISEVALUESINFLUENCEISMULTILEVEL,NOTONLYITPOSSIBLYINCREASESENTERPRISESINNATEPROPERTYVALUE,ALSOPOSSIBLYREDUCESITSVALUECERTAINLYINTHEREALITYDEBTDECISIONMAKING,WEMUSTFIRSTSTRAIGHTENOUTTHEENTERPRISEOPERATORSAMEENTERPRISEOWNERSRELATIONS,CAUSESTHEENTERPRISEVALUETOBECOMETHEENTERPRISESUPERINTENDINDENTSIMPORTANTDECISIONBASISANDTHEINSPECTIONTARGETTRULY,ONLYTHENLIKETHIS,CANCAUSEENTERPRISESDEBTDECISIONMAKINGESTABLISHMENTATABOVETHEENTERPRISEVALUEFOUNDATIONHOWFINALLYDISCUSSEDTODETERMINEBESTCAPITALSTRUCTURE,BESTDEBTSTRUCTURE,ANDONENTERPRISEMODERATEONBORROWINGSTHEDETERMINATIONHASMADETHEDIS