| 1. | Analysis of limited conditions of financial lever
浅议财务杠杆作用的限制条件 |
| 2. | The effect of profit and loss of financial lever on financial risk enterprises
财务杠杆损益对企业财务风险的影响 |
| 3. | Chapter three analyzes the several effects such as governance effect and financial lever effect which be produced by the capital structure
资本结构效应分为治理效应和财务杠杆效应，其中前者又分为负债效应和股权效应。 |
| 4. | They also worried that the 25 % share allowed to be held by foreign companies in each bank would bring the country ' s vital financial levers perilously close to foreign control
他们还担心，每家银行允许让外资公司控股25的规定，会让国家重要的财政杠杆几乎被外资公司所控制，那样的话，形势就变得非常危险。 |
| 5. | At the same time , the option is always used to speculate because of it ' s characteristic of high financial lever , low bargaining cost , the convenience of complete a business transaction and high fluidity
但同时，期权具有的财务杠杆高、交易成本低、交割便利、流动性强的特点，也频频被应用于投机牟利。 |
| 6. | The financial risk of the enterprise , look from narrow sense , it is to because use what financial lever brings to the enterprise to go bankrupt , point to risk or the risk that common stock accrual produces to change substantially
企业的财务风险，从狭义上看，是指由于利用财务杠杆给企业带来的破产风险或普通股收益发生大幅度变动的风险。 |
| 7. | At present , it is difficult to accurately display the financial lever , capital cost and earnings before interest and tax with any capital structure theories , which limits the role playing in finical decision of enterprises
摘要目前的各种资本结构理论难以准确地显示出财务杠杆、资本成本和企业息前税前盈余之间的联系，使理论对企业融资决策的指导作用受到限制。 |
| 8. | Then , this article proves that corporation share and debt can all possess the option characteristic by introducing the tool of theory of option . thus it can explain the financing structure of the company to the financial lever from the angle based on call option of company ' s value
然后，本文通过引入期权理论这一工具，阐明公司的权益和债务都可具备期权特性，从而把公司的融资结构和财务杠杆效应可以从基于公司价值的看涨期权的角度加以解释。 |
| 9. | This is the main part of the thesis , the optimizing process of capital structure is classifies into three steps : the financing scheme is feasible or not ; effect of financial lever profit and financial risk ; the realization of the greatest value of enterprise and lowest wacc , which provide an effective analytical instrument for studying our country ' s enterprise capital structure
这部分是本文的重点所在，通常，企业融资结构的优化分三个步骤，即融资方案是否有利、财务杠杆利益和财务风险的影响、实现企业价值最大化和wacc最低。这个优化分析的通用方法为研究我国企业融资结构问题提供了一个有效的实证分析工具。第四部分：企业融资结构的决定因素及股利政策对企业价值的影响。 |
| 10. | Facing future development , the company ' s countermeasure and ideal are : conceive new management pattern , spend more effort in management to solve existing product problem an investment outside ; constitute workable strategic plan of enterprise , decision - making mechanism of scientific information & analysis and evaluation and evaluation , improve management skill and efficiency ; get clear about main business and strategy of other business & product operation ; establish encouraging mechanism with new characteristics , strengthen construction of human resources ; make use of financial lever and capital advantage of listed company to raise fund from bank and stock market so as to improve development of the enterprise
面对未来的发展，对策思路为：构建新的管理模式，加大管理力度，以解决当前的产品问题和对外投资问题；建立科学的信息收集和分析评价决策机制，提高管理质量和效率；明确主业、其它经营及产品经营战略；建立新型激励机制，加强人力资源建设；运用财务杠杆和上市公司资本资源优势，募集资金，促进企业的发展。 |
