请帮忙翻译一下,很急,谢谢
财务杠杆作为财务管理资本结构的一部分,对企业筹资选择具有重要参考意义。现代企业的生产经营过程中,债权资本已成为企业资本的重要构成部分。在企业经济效益好时,适度举债可以为企...
财务杠杆作为财务管理资本结构的一部分,对企业筹资选择具有重要参考意义。现代企业的生产经营过程中,债权资本已成为企业资本的重要构成部分。在企业经济效益好时,适度举债可以为企业带来额外的经济利益,增加企业价值;而在经济效益不景气时,会给企业带来不必要的损失,甚至导致企业破产,所以说财务杠杆如同一把双刃剑。正确认识财务杠杆对企业管理具有重要指导意义,同时也使财务杠杆原理得到进一步发展,更好指导财务工作。
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Financial leverage as part of the capital structure of financial management, enterprise financing to choose to have the important reference meanings. Modern enterprise production process, the creditor's rights capital has become an important part of enterprise capital. In the enterprise economic benefits, the moderate leverage can bring extra for the enterprise, increase the economic interests of the enterprise value; And in economic benefit is bad, will give enterprise unnecessary loss, and even cause the enterprise bankruptcy, so said financial leverage as a double-edged sword. The correct understanding of financial leverage to the enterprise management has the important instruction meaning, but also make financial lever principle get further development, better guidance financial work.
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