诺奇公司财务风险控制研究
发布时间：2018-12-12 07:08
【摘要】：随着我国供给侧结构性改革不断深入,去产能、去库存、去杠杆的理念已深入到很多行业。然而,近年来越来越多的企业不注意对财务风险进行有效地控制,导致其债台高筑,盈利不佳。此类企业数量最近没有明显的减少趋势,反而日益增多,尤其在门槛低、竞争相当激烈的服装行业为甚。因此,在不断变化的经济环境下,如何将财务风险控制在可控范围内显得尤为重要。本文基于诺奇公司的案例研究,采用理论研究和实际案例相结合的方法,对诺奇公司财务风险控制情况进行了研究。首先从财务风险界定和基础理论进行切入,之后通过对诺奇公司2010年至2015年与行业平均水平以及行业标杆企业的偿债能力、盈利能力、营运能力的对比分析归纳出诺奇公司面临的的财务风险是偿债能力差,筹资风险高;资金周转慢,营运能力低;盈利能力下滑。然后基于层次分析法对诺奇公司2015年的财务风险状况进行评价,发现2015年其财务风险状况为重警。之后进一步研究了诺奇公司现有的财务风险控制方案,发现其存在的问题有财务风险控制流程不完整,故而未能及时发现风险;资本结构选择不合理,引发财务杠杆负效应;缺少完善的投资分析机制,导致公司成长性不足;缺乏合理的收账政策,使得资金使用效率低等问题。进而从健全财务风险控制组织、完善财务风险预警系统、完善筹资风险控制措施、完善投资风险控制制度、完善营运资金风险控制等角度对诺奇公司财务风险控制方案进行了优化。最后提出保障诺奇公司财务风险控制优化方案顺利实施的措施,包括建立全面财务风险管理制度、完善人员激励制度。本文对诺奇公司财务风险控制进行研究,意义在于不仅能为诺奇公司今年重组后继续经营提供财务风险控制优化方案,以便促进其更好的发展,而且对我国其他服装企业乃至其他行业提供了财务风险控制研究的思路,以及提供了如何进行财务风险控制的有益建议。
[Abstract]:With the deepening of China's supply-side structural reform, the concept of capacity, inventory and leverage has been extended to many industries. However, in recent years, more and more enterprises do not pay attention to the effective control of financial risks, resulting in their high debts and poor profits. The number of such companies has not shown a significant decline in recent years, but is increasing, especially in the low-threshold and highly competitive clothing industry. Therefore, in the changing economic environment, how to control the financial risk in a controllable range is particularly important. Based on the case study of Norch Company, this paper studies the financial risk control of Norch Company by combining theoretical research with practical cases. First from the financial risk definition and basic theory to cut into, then through 2010 to 2015 Norch company and industry average level and industry benchmark enterprise solvency, profitability, The comparative analysis of operating ability concludes that the financial risk faced by Norch is poor solvency and high financing risk. Slow capital turnover, low operating capacity; declining profitability. Then based on the analytic hierarchy process to evaluate the financial risk situation of Norch Company in 2015, it is found that the financial risk situation of Norch Company in 2015 is a serious warning. After further studying the existing financial risk control scheme of Norch Company, it is found that the existing problems include the incomplete financial risk control process, the failure to find the risk in time, the unreasonable choice of capital structure, and the negative effect of financial leverage. The lack of perfect investment analysis mechanism leads to the lack of growth, the lack of reasonable accounting policy, and the low efficiency of the use of funds. Then, from perfecting financial risk control organization, perfecting financial risk early warning system, perfecting financing risk control measures, perfecting investment risk control system, The financial risk control scheme of Norch Company is optimized from the point of view of perfecting working capital risk control. Finally, the paper puts forward the measures to ensure the smooth implementation of the financial risk control optimization scheme of Norch, including the establishment of a comprehensive financial risk management system and the improvement of the personnel incentive system. In this paper, the financial risk control of Norch Company is studied. The significance is that it can not only provide the optimized scheme of financial risk control for the continued operation of Norch Company after this year's reorganization, so as to promote its better development. It also provides some ideas for the study of financial risk control for other garment enterprises and even other industries in China, as well as some useful suggestions on how to control financial risks.
【学位授予单位】：湘潭大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F406.7;F426.86
本文编号：2374154
[Abstract]:With the deepening of China's supply-side structural reform, the concept of capacity, inventory and leverage has been extended to many industries. However, in recent years, more and more enterprises do not pay attention to the effective control of financial risks, resulting in their high debts and poor profits. The number of such companies has not shown a significant decline in recent years, but is increasing, especially in the low-threshold and highly competitive clothing industry. Therefore, in the changing economic environment, how to control the financial risk in a controllable range is particularly important. Based on the case study of Norch Company, this paper studies the financial risk control of Norch Company by combining theoretical research with practical cases. First from the financial risk definition and basic theory to cut into, then through 2010 to 2015 Norch company and industry average level and industry benchmark enterprise solvency, profitability, The comparative analysis of operating ability concludes that the financial risk faced by Norch is poor solvency and high financing risk. Slow capital turnover, low operating capacity; declining profitability. Then based on the analytic hierarchy process to evaluate the financial risk situation of Norch Company in 2015, it is found that the financial risk situation of Norch Company in 2015 is a serious warning. After further studying the existing financial risk control scheme of Norch Company, it is found that the existing problems include the incomplete financial risk control process, the failure to find the risk in time, the unreasonable choice of capital structure, and the negative effect of financial leverage. The lack of perfect investment analysis mechanism leads to the lack of growth, the lack of reasonable accounting policy, and the low efficiency of the use of funds. Then, from perfecting financial risk control organization, perfecting financial risk early warning system, perfecting financing risk control measures, perfecting investment risk control system, The financial risk control scheme of Norch Company is optimized from the point of view of perfecting working capital risk control. Finally, the paper puts forward the measures to ensure the smooth implementation of the financial risk control optimization scheme of Norch, including the establishment of a comprehensive financial risk management system and the improvement of the personnel incentive system. In this paper, the financial risk control of Norch Company is studied. The significance is that it can not only provide the optimized scheme of financial risk control for the continued operation of Norch Company after this year's reorganization, so as to promote its better development. It also provides some ideas for the study of financial risk control for other garment enterprises and even other industries in China, as well as some useful suggestions on how to control financial risks.
【学位授予单位】：湘潭大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F406.7;F426.86
【参考文献】
相关期刊论文 前1条
1 陈敏君;;浅谈企业财务风险控制与管理──以重庆恒升资产经营管理有限公司为例[J];企业导报;2011年19期
，本文编号：2374154
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