企业负债结构优化问题研究毕业论文.doc

毕业论文 （20_ _届） 企业负债结构优化问题研究 摘 要 市场经济本来就是一种充满高度风险的经济形态，风险是市场经济的必然产物。现实中不同行业的企业，其结构是存在很大差异的这说明，不同行业的企业由于受企业特性的影响，结构也是不同的。不同行业之间结构的差异，说明最优结构存在的。如果不存在最优结构的话，不同行业的结构应该是随机分布的，但是事实却表明不同行业的结构存在显著的差异，这说明不同行业的企业在结构的选择上是存在差异的，这示不同的行业存在着各自的最优的结构。 本文以企业为研究对象，结合股份有限公司，从的基本概念入手，分析该企业目前所面临的财务风险及产生的原因，借鉴国内外财务经验，设计了适应该公司的，以期能达到的目的。 关键词:；财务状况；；Abstract Full market economy is taking a high risk of economic form, risk is the inevitable outcome of market economy. With the development of modern companies, the research on optimal debt structure is becoming the new hot spot to study. Because the reality of enterprises of different industries, the debt structure is there is a big difference, which shows that companies in different sectors due to the characteristics of enterprises, debt structure is also different. Different sectors of the differences between the liability structure, indicating the existence of optimal debt structure. If there is no optimal debt structure, then different industries liability structure should be randomly distributed, but the fact is that different sectors of the debt structure there are significant differences, indicating that enterprises of different trades in the debt structure, the choice is present difference This means that there are different sectors of their respective optimal debt structure.  In this paper, corporate debt as a research object, with Hubei Mailyard Co., Ltd., from the liability structure of the basic concept of the enterprises financial risk currently facing and the causes, learn from the experience of financial structure is designed to adapt to the optimal structure of the company in order to achieve the purpose of maximizing corporate wealth.  Keywords: debt structure; financial condition; financial risk; liability structure optimization  目 录 模型的构建 1 1.1 负债结构的概念及重要性 1 1.2 影响企业负债结构优化的因素 2 1.2.1 内部因素 2 1.2.2 外部因素 3 1.3 负债结构模型的构建 3 2 财务杠杆效应相关理论 6 2.1 财务杠杆相关概念 6 2.2 财务杠杆产生效应的根源 6 2.2.1 财务费用的固定性 6 2.2.2 财务费用的税收屏蔽性 6 2.3 财务杠杆的正、负