【摘要】：在經(jīng)濟(jì)全球化的背景下，風(fēng)險(xiǎn)對于任何一個企業(yè)來說都是不可避免的。隨著市場經(jīng)濟(jì)的不斷發(fā)展，企業(yè)的數(shù)量和規(guī)模不斷擴(kuò)大，其面臨的風(fēng)險(xiǎn)環(huán)境也越來越復(fù)雜。其中，財(cái)務(wù)風(fēng)險(xiǎn)是企業(yè)風(fēng)險(xiǎn)研究的關(guān)鍵。它不僅影響企業(yè)的籌資和投資活動，也影響著企業(yè)的正常運(yùn)營。因此，企業(yè)加強(qiáng)對財(cái)務(wù)風(fēng)險(xiǎn)的研究，對于防范自身陷入財(cái)務(wù)困境或者破產(chǎn)有重要意義；同時，還有利于合理利用資源，實(shí)現(xiàn)資源優(yōu)化配置。 資本是企業(yè)的靈魂，也是企業(yè)獲得收益的源泉。本文以資本運(yùn)動理論為基礎(chǔ)，具體分析企業(yè)面臨的財(cái)務(wù)風(fēng)險(xiǎn)。同時，通過企業(yè)面臨的四大財(cái)務(wù)風(fēng)險(xiǎn)分析出企業(yè)應(yīng)具備的償債能力、盈利能力、營運(yùn)能力和發(fā)展能力。再從我國財(cái)務(wù)分析的現(xiàn)狀中找出不足，結(jié)合四大能力提出解決對策。主要內(nèi)容如下: 1、分析資本運(yùn)動理論，分解資本運(yùn)動過程，根據(jù)資本運(yùn)動過程的特點(diǎn)將企業(yè)財(cái)務(wù)風(fēng)險(xiǎn)分為企業(yè)債務(wù)籌資風(fēng)險(xiǎn)、資金投資風(fēng)險(xiǎn)、企業(yè)運(yùn)營風(fēng)險(xiǎn)和利潤分配風(fēng)險(xiǎn)。 2、詳細(xì)了解企業(yè)償債能力，通過評估企業(yè)償債能力來衡量企業(yè)面臨的籌資風(fēng)險(xiǎn)。具體地，償債能力能最直觀地反映企業(yè)籌資風(fēng)險(xiǎn)。 3、分析企業(yè)的盈利能力，衡量企業(yè)資金投資風(fēng)險(xiǎn)。盈利是每個企業(yè)的創(chuàng)辦初衷，也是企業(yè)正常運(yùn)行的關(guān)鍵，唯有能盈利的企業(yè)，，才能應(yīng)對企業(yè)面臨的投資風(fēng)險(xiǎn)。 4、研究企業(yè)營運(yùn)能力，以此來評價企業(yè)營運(yùn)風(fēng)險(xiǎn)。 5、通過研究企業(yè)發(fā)展能力來衡量企業(yè)的利潤分配風(fēng)險(xiǎn)。如今，發(fā)展能力越來越成為企業(yè)保持利潤收益的源泉，企業(yè)只有具有很強(qiáng)的發(fā)展能力才能適應(yīng)市場經(jīng)濟(jì)的不斷變化，在全球經(jīng)濟(jì)的動蕩中存活下來，適應(yīng)經(jīng)濟(jì)環(huán)境中的生存法則。 6、在上述四種財(cái)務(wù)風(fēng)險(xiǎn)的分析過程中，本文選用了2013年我國10個房地產(chǎn)企業(yè)的財(cái)務(wù)數(shù)據(jù)進(jìn)行實(shí)證研究，以驗(yàn)證評價體系的實(shí)用性。 通過分析和驗(yàn)證，本文可以得出以下結(jié)論：企業(yè)的財(cái)務(wù)風(fēng)險(xiǎn)是一個動態(tài)循環(huán)過程，它滲透于資本運(yùn)動的全過程。雖然我國企業(yè)開始重視財(cái)務(wù)風(fēng)險(xiǎn)，但并未出現(xiàn)關(guān)于企業(yè)財(cái)務(wù)風(fēng)險(xiǎn)叫全面和統(tǒng)一的評價標(biāo)準(zhǔn)，也未出現(xiàn)此類專業(yè)機(jī)構(gòu)。所以，企業(yè)需要進(jìn)一步加強(qiáng)自身財(cái)務(wù)風(fēng)險(xiǎn)研究，全面評估自身財(cái)務(wù)風(fēng)險(xiǎn)，以做到防范風(fēng)險(xiǎn)。
[Abstract]:Under the background of economic globalization, risk is inevitable for any enterprise. With the development of market economy, the number and scale of enterprises are expanding, and the risk environment is becoming more and more complex. Among them, financial risk is the key of enterprise risk research. It not only affects the financing and investment activities of enterprises, but also affects the normal operation of enterprises. Therefore, it is important for enterprises to strengthen the research on financial risk to prevent themselves from falling into financial distress or bankruptcy. At the same time, it is also conducive to the rational use of resources and the optimal allocation of resources. Capital is the soul of an enterprise and the source of its income. Based on the theory of capital movement, this paper analyzes the financial risks faced by enterprises. At the same time, through the four major financial risks faced by the enterprise, the paper analyzes the solvency, profitability, operation ability and development ability of the enterprise. From the current situation of financial analysis in China to find out the shortcomings, combined with the four major capabilities to put forward solutions. The main contents are as follows: 1. Analyze the theory of capital movement, decompose the process of capital movement, divide enterprise financial risk into enterprise debt financing risk and capital investment risk according to the characteristics of capital movement process. Operational risk and profit distribution risk. 2. Understand the solvency of the enterprise in detail and measure the financing risk of the enterprise by evaluating the ability to repay the debt. Specifically, the solvency can reflect the financing risk of the enterprise directly. 3. Analyze the profitability of the enterprise and measure the risk of the enterprise capital investment. Profit is the original intention of every enterprise, and it is also the key to the normal operation of the enterprise. Only the enterprise that can make profits can deal with the investment risk faced by the enterprise. To evaluate the risk of enterprise operation. 5. To measure the risk of profit distribution by studying the ability of enterprise development. Nowadays, the ability to develop is becoming a source of profit and profit for enterprises. Only when enterprises have a strong ability to develop can they adapt to the constant changes in the market economy and survive in the turmoil of the global economy. 6. In the process of analyzing the four kinds of financial risks mentioned above, this paper chooses the financial data of 10 real estate enterprises in 2013 for empirical research to verify the practicability of the evaluation system. Through analysis and verification, this paper can draw the following conclusions: the financial risk of enterprises is a dynamic cycle process, which permeates the whole process of capital movement. Although Chinese enterprises begin to attach importance to financial risk, there is no comprehensive and unified evaluation standard for financial risk, nor is there any such professional organization. Therefore, enterprises need to further strengthen their own financial risk research, comprehensive assessment of their own financial risks, in order to prevent risks.
【學(xué)位授予單位】：西華大學(xué)
【學(xué)位級別】：碩士
【學(xué)位授予年份】：2014
【分類號】：F275

【參考文獻(xiàn)】

相關(guān)期刊論文 前8條

1 劉紅霞,韓Z

本文編號：2223532