ZT公司战略转型期间的融资方案设计研究

发布时间：2018-01-20 02:30

本文关键词： 资金短缺融资方案财务风险融资困境　出处：《沈阳工业大学》2017年硕士论文　论文类型：学位论文

【摘要】：随着中小企业在我国国民经济发展的中所占比例越来越高,扮演的角色越来越重要,尤其是高新技术企业的蓬勃涌现更是促进了经济的快速发展。中小企业在满足社会需要、增加就业、促进科技创新和地方发展、稳定社会等方面具有非常重要的作用。然而和它们的经济贡献相比,中小企业所能获得融资规模只占整个金融资源的20%左右。中小企业在生产经营过程中遇到的融资难、融资成本高等问题已经成为一个不容忽视的现象。如何有针对性的帮助中小企业在融资难、融资结构不合理方面解决问题是目前学术界探讨较多的一个话题,同时也是本文研究的核心主题。论文通过对目前融资理论的梳理与探讨,结合ZT钢结构公司的现状及其所处环境,采用定量与定性的分析方法,依据公司未来的发展规划为其设计融资方案。首先,论文对融资基本理论展开详细地综述。依据生命周期理论和MM理论,对企业不同发展阶段的融资状况进行分析,并结合钢结构行业的特点,探究行业模式对融资的的影响。其次,根据ZT公司的经营现状与发展现状,通过对ZT公司的财务以及资金短缺问题进行分析,探究公司目前融资存在的现实问题。结合公司的发展战略,分析公司在转型期间的资金需求,同时分析企业在流动资金短缺的问题。最后,根据公司转型发展的战略要求,设计出符合公司要求的融资目标与融资方案。为了保障公司融资方案的实施,提出公司应建立财务风险预警机制、提升自身研发能力建设优秀品牌;在融资渠道选择上应开拓思路,加强同各种金融机构联系;结合企业的生命周期理论,提出公司应在不同的发展期采用不同的融资策略和选择合适的战略合作伙伴。综上所述,论文结合了资本结构理论、企业生命周期理论、财务风险等相关理论,根据ZT公司的现实情况为其设计融资策略,以研究钢结构行业的中小型高新技术企业在发展以及转型的过程中如何解决融资困境的问题。
[Abstract]:With the increasing proportion of small and medium-sized enterprises in the development of our national economy, the role played by them is becoming more and more important. In particular, the vigorous emergence of high-tech enterprises has promoted the rapid economic development. Small and medium-sized enterprises in meeting the needs of society, increase employment, promote scientific and technological innovation and local development. Social stability and other aspects play a very important role. However, compared with their economic contribution. The financing scale of SMEs accounts for only about 20% of the total financial resources. The financing difficulties encountered by SMEs in the process of production and operation. The problem of high financing cost has become a phenomenon that can not be ignored. How to help small and medium-sized enterprises to solve the problem in financing difficulties and unreasonable financing structure is a topic discussed by academia. At the same time, it is also the core theme of this paper. Through combing and discussing the current financing theory, combining the current situation of ZT steel structure company and its environment, the paper adopts quantitative and qualitative analysis methods. According to the company's future development plan for the design of financing scheme. Firstly, the paper gives a detailed overview of the basic theory of financing. According to the life cycle theory and MM theory. This paper analyzes the financing situation of enterprises in different stages of development and probes into the influence of industry model on financing by combining the characteristics of steel structure industry. Secondly, according to the management status and development status of ZT company. Through the analysis of ZT company's finance and the shortage of funds, this paper explores the current financing problems of the company, and analyzes the company's capital needs during the transition period in combination with the company's development strategy. Finally, according to the strategic requirements of the transformation and development of the company, design out the financing objectives and financing plan in line with the requirements of the company. In order to ensure the implementation of the company financing program. It is suggested that the company should establish a financial risk warning mechanism to enhance its own R & D capacity to build an excellent brand; In the choice of financing channels, we should explore ways of thinking and strengthen links with various financial institutions; Combined with the life cycle theory of enterprises, the paper proposes that companies should adopt different financing strategies and choose appropriate strategic partners in different development periods. In summary, the paper combines the theory of capital structure. Enterprise life cycle theory, financial risk and other related theories, according to the reality of ZT company to design financing strategy. In order to study how to solve the financing dilemma in the process of development and transformation of medium and small high-tech enterprises in steel structure industry.
【学位授予单位】：沈阳工业大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F426.92;F406.7

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