优化企业资本结构与实现企业价值最大化研究

    Research on Enterprise Capital Structure Optimization and Realization of Enterprise Value Maximization

    • 摘要: 企业价值最大化是企业实现可持续发展长远目标的重要保障,优于股东财富最大化,应当是企业财务管理目标的最佳选择。当前,企业非适度资产负债率、股权结构不合理、债务结构不完善,影响着企业价值最大化实现。只有坚持适度负债原则,确定合理资产负债率;优化股权结构,改善股权比例;调整债务结构,发挥债务融资作用,才能实现企业价值最大化。

       

      Abstract: The enterprise value maximization is the important guarantee for the enterprise to achieve the sustainable development of the long-term goal, and it is superior to the shareholder wealth maximization, it also should be the best choice of the enterprise financial management goal. At present, the immoderate asset-liability ratio, the irrational stock structure and the imperfect debt structure of the enterprise make influence on enterprise value maximization achievement. Only by sticking to the principle of moderate debt, determining the reasonable asset -liability ratio, optimizing the stock structure, improving the stock proportion, restructuring the debt structure, playing the role of debt financing can achieve enterprise value maximization.

       

    /

    返回文章
    返回