本文選題：房地產(chǎn)　切入點：境外　出處：《上海交通大學(xué)》2013年碩士論文

【摘要】：20世紀90年代以來，房地產(chǎn)行業(yè)始終是拉動我國經(jīng)濟增長的支出產(chǎn)業(yè)之一。由于其自身的資金密集性特征，，房地產(chǎn)企業(yè)的融資活動在其經(jīng)營過程中扮演著重要角色,也是能否創(chuàng)造利潤的關(guān)鍵環(huán)節(jié)。受近年來我國房地產(chǎn)宏觀調(diào)控政策的影響，境內(nèi)融資難度不斷增加，不少境內(nèi)房企將目光放到了海外資本市場。是否考慮境外融資、如何選擇最適合的境外資本市場、如何挑選最優(yōu)的境外融資模式成為諸多房地產(chǎn)企業(yè)關(guān)注的問題。 本文將從我國房地產(chǎn)發(fā)展情況出發(fā)，首先分析境外融資研究的必要性并對已有研究成果進行簡要梳理。其次，通過對相關(guān)資本結(jié)構(gòu)及融資理論的簡單回顧，分析企業(yè)的融資動機及方式、介紹本文的研究方法。而后，對我國境內(nèi)房企的主要融資方式及其特征進行介紹。再次，對多種境外融資模式進行介紹，并通過各種境外融資模式個體間的對比、境外融資模式與境內(nèi)融資模式的對比，結(jié)合實際案例分析境外融資模式對房地產(chǎn)企業(yè)的適應(yīng)性及優(yōu)缺點，并關(guān)注其中的融資風(fēng)險。最后，通過上述理論及案例研究，嘗試為我國房企選擇合適的境外融資方式提供普遍適用的參考標(biāo)準(zhǔn)，并對房地產(chǎn)企業(yè)境外融資進行展望。 通過本文的研究，希望對于我國房地產(chǎn)企業(yè)選擇境外融資方式提供一定的參考價值及借鑒意義。
[Abstract]:Since the 1990s, the real estate industry has always been one of the expenditure industries to stimulate the economic growth of our country. Because of its characteristics of capital density, the financing activities of the real estate enterprises play an important role in the process of its operation. It is also a key link in whether we can create profits. Under the influence of China's macro-control policies on real estate in recent years, the difficulty of domestic financing is constantly increasing. Many domestic housing enterprises have focused their attention on overseas capital markets. Whether to consider overseas financing? How to choose the most suitable overseas capital market and how to choose the best overseas financing mode have become the concern of many real estate enterprises. Starting from the development of real estate in China, this paper first analyzes the necessity of overseas financing research and briefly combs the existing research results. Secondly, through a brief review of the relevant capital structure and financing theory, This paper analyzes the financing motivation and methods of enterprises, and introduces the research methods of this paper. Then, it introduces the main financing methods and their characteristics of domestic housing enterprises. Thirdly, it introduces a variety of overseas financing modes. And through the individual comparison of various overseas financing modes, the comparison between the overseas financing model and the domestic financing model, combined with the actual cases, the paper analyzes the adaptability, advantages and disadvantages of the overseas financing model to the real estate enterprises. Finally, through the above theory and case study, this paper tries to provide a universal reference standard for Chinese housing enterprises to choose the appropriate overseas financing methods, and to look forward to the overseas financing of real estate enterprises. Through the study of this paper, we hope to provide some reference value and significance for Chinese real estate enterprises to choose overseas financing methods.
【學(xué)位授予單位】：上海交通大學(xué)
【學(xué)位級別】：碩士
【學(xué)位授予年份】：2013
【分類號】：F299.233.4;F275

【參考文獻】

相關(guān)期刊論文 前3條

1 王秀玲;李文興;;我國房地產(chǎn)融資創(chuàng)新研究[J];理論與改革;2012年01期

2 柏丹;王飛坤;慕原旭;;對資本結(jié)構(gòu)理論研究的綜述與思索[J];商場現(xiàn)代化;2009年07期

3 熊立;;我國房地產(chǎn)融資現(xiàn)狀分析及多樣化建議[J];現(xiàn)代商貿(mào)工業(yè);2011年19期

本文編號：1669108