摘要
针对企业在发展过程中盲目追求增长,忽视财务风险的问题,以财务可持续增长理论为基础,对*ST北大荒的增长管理进行剖析,分析发现:*ST北大荒实际增长速度远超过可持续增长速度,公司财务危机的爆发与其超速增长有必然联系.公司要实现可持续增长,应加强企业内部控制、提升企业财务战略规划能力、构建企业财务预警体系和优化企业杠杆配置.
For the problem that enterprises blindly ignore its financial risk with the pursuit of rapid profit growth, this paper will analyze the growth management model of ST BeiDaHuang based on the theory of financial sustainable growth. The analysis of ST Bei- DaHuang reveals that ST BeiDaHuang actual growth rate far exceeds its sustainable growth rate, and the outbreak of its financial crisis has a necessarily close connection with its speeding growth. If the enterprises want to achieve a sustainable growth, they should strengthen their internal control, improve their financial strategic planning ability, build up enterprise financial risk warning system and optimize configuration of corporate leverage.
出处
《数学的实践与认识》
北大核心
2015年第10期313-320,共8页
Mathematics in Practice and Theory
关键词
财务风险
可持续增长
可持续增长率
financial risk
sustainable growth
rate of sustainable growth
