摘要:随着经济发展和市场结构的不断的完善,竞争也变得越发的激烈,市场的不确定性也变得越发的明显,在这样的现实背景下,在企业各生命周期中评估企业成长中的风险,以提高企业发展的安全系数,对企业来说具有重要的意义。本文试图综合杠杆理论、企业生命周期理论与财务决策理论,对如何合理运用杠杆原理管理企业各生命周期的风险进行研究,从而使企业经营者进一步了解杠杆原理、企业不同生命周期的风险特征以及该如何使用杠杆原理规避风险,掌握杠杆、企业生命周期、风险之间的关系。本文的研究简单明了,指导了企业在面对不同阶段下的复杂的经营和风险环境下,合理运用杠杆获取收益和控制风险,从而提高企业成长环境中的安全系数。
关键词:杠杆原理;企业生命周期;企业风险
Abstract:With the development of economy and the continuous improvement of market structure, the competition is becoming increasingly fierce, the uncertainty of the market will become more obvious, in such a background, enterprises in the life cycle assessment in the growth of enterprise risk, in order to improve the safety factor of enterprise development, the enterprise has important significance. This paper attempts to synthesize the leverage theory, the theory of enterprise life cycle and financial decision theory, how reasonable the use of lever principle management enterprises in the life cycle risk research, so that enterprises operators to further understand the lever principle, the enterprise different life cycle risk characteristics and how to use the lever principle to avoid risk, control lever, enterprise life cycle, risk the relationship between the. Research in this paper is simple and clear, guide enterprise in the face of different stages under complex operation and risk environment, reasonable use of lever gains and risk control, so as to improve the enterprise 's growth environment safety coefficient.
Key words: lever principle; enterprise life cycle; enterprise risk