资源描述：
《民营企业筹资风险问题研究（research on financing risk of private enterprises）》由会员上传分享，免费在线阅读，更多相关内容在教育资源-天天文库。
1、民营企业筹资风险问题研究（Researchonfinancingriskofprivateenterprises）managementscienceFinancingriskreferstothesupplyoffundsbyenterprisesinfinancingactivitiesDemandmarketandeconomyChangesintheenvironmentorsourcesoffundingstructureTermstructureandsoontotheenterprisefinancialresultsbeltUnce
2、rtaintyabout.Financingriskmainlyincludesinterestraterisk,refinancingriskandfinancialleverageEffectExchangeraterisk,purchasingpower,riskandsoon.Enterprisedebtistoomuch,financingcostishigh,riskLarge,resultinginlowcreditratingenterprises,creditisrelativelypoor.1,privateenterpris
3、efinancingriskcausesTherearemanyreasonsforthefinancingrisksofprivateenterprises,bothprivateandprivateenterprisesReasons,butalsoprivateprivateenterprisesthemselves,andtheformationofdifferentfinancingrisksSpecificreasonsarenotthesame.1.1,financingdecisionslackscientificFinancin
4、gdecision-makingerrorisanothermajorcauseoffinancingrisk.AvoidfinancingThepremiseofpolicyerroristhescientificdecision-makingoffinancing.1.2,theproportionoflong-termcapitalandshort-termcapitaldoesnotcoordinateThetermproportionofcapitalreferstothevaluestructureanditsproportional
5、relationshipofdifferentmaturities.Concretelyspeaking,itisthecompositionstructureoflongtermcapitalandshort-termcapital.Asinlong-termnegativeInthestructureofdebtandshort-termdebt,long-termliabilitieswillchangeintonegativeoneswithtimeDebt,ifthelong-termdebtistoomuch,itwillbebeca
6、useofthistransformationcausedbylessthancurrentassetsDynamicdebtleadstothedecreaseofenterprise'ssolvency,whichincreasestheriskofenterprisefinancing.1.3,differentfinancingmethodsThemeansoffinancingincludeequityfinancing(suchastheabsorptionofpaidincapitalandtheissuanceofsharesOt
7、herwaysAnddebtfinancing(suchasissuingbondsandlendingtofinancialinstitutions).commonlyThecostofequityfinancingishigherthanthatofdebtfinancing,butequityThetypeoffundsneednotberepaid,whilethedebtfundsmustberepaid.Thatis,equityfinancingThecostofgoldishigh,buttheriskislow,buttheco
8、stofdebtfinancingislow,buttheriskishigh.Therefore,differentFinancing
