宝钢集团负债经营风险控制策略研究

发布时间：2018-07-28 19:46

【摘要】：随着我国经济社会的迅速发展和国家政策的持续变革,钢铁行业内外部经济环境遭遇了巨大的变动。2016年钢铁行业运行出现生产销量双下降、钢材价格持续下跌、钢材出口继续增长和固定资产持续下降的问题,钢铁行业发展出现大额亏损、资产负债率过高、融资困难等问题。由此可见,钢铁行业在新的经济环境下面临着更多的压力和风险。负债经营是目前企业运营共同特点,具有降低资金成本和杠杆效应等方面的优势,但同时也给企业带来一定的风险。因此,钢铁行业在应对经济环境变化的同时更需有效控制负债经营带来的风险。在我国政府大力推进供给侧改革的新局势下,钢铁行业承受着更多的压力和风险。因此,文章主要研究钢铁行业在全面推行供给侧改革的新经济环境下如何应对经济环境变化,同时如何有效控制企业发展过程中面临的各类风险。本文在全面了解钢铁行业经营状况基础上,分析钢铁行业发展现状,之后了解负债经营相关理论基础的知识,分析负债经营可能引发的风险,进而探讨钢铁行业如何应对负债经营风险。文章通过选取国家代表性钢铁企业——上海宝钢,在深入了解宝钢集团发展状况的前提下,对于宝钢集团各类指标进行全面的分析,研究其在新政策格局下负债经营所面对的诸多风险,对风险进行评估和分析总结,分析宝钢集团应对负债经营风险实施的举措,以及不足之处和原因分析。通过总结宝钢集团在钢铁生产全过程的财务层次的风险控制、风险识别监管等方面的经验教训,提出完善宝钢集团钢铁行业负债经营风险的控制和应对策略的建议,以期为我国钢铁行业的负债经营风险控制提供有益思路。
[Abstract]:With the rapid development of China's economy and society and the continuous reform of national policies, the internal and external economic environment of the steel industry has encountered tremendous changes. In 2016, the operation of the steel industry has seen a double decline in production and sales, while steel prices have continued to fall. Steel exports continue to grow and fixed assets continue to decline problems such as large losses in the development of the steel industry high asset-liability ratio and financing difficulties. Thus, the steel industry in the new economic environment is facing more pressure and risk. Debt management is the common characteristic of enterprise operation at present, which has the advantages of reducing the capital cost and leverage effect, but it also brings some risks to the enterprise at the same time. Therefore, the iron and steel industry should effectively control the risks brought by debt management while coping with the change of economic environment. Under the new situation of our government pushing forward the supply-side reform, the steel industry bears more pressure and risks. Therefore, this paper mainly studies how to deal with the change of economic environment and how to effectively control all kinds of risks in the process of enterprise development under the new economic environment of comprehensively carrying out supply-side reform in the iron and steel industry. On the basis of a comprehensive understanding of the operation situation of the iron and steel industry, this paper analyzes the present situation of the development of the steel industry, and then understands the knowledge of the theoretical basis of debt management, and analyzes the risks that may be caused by the debt management. Then it discusses how to deal with the risk of debt management in iron and steel industry. Through selecting the national representative iron and steel enterprise, Shanghai Baosteel, on the premise of deeply understanding the development situation of Baosteel Group, this paper makes a comprehensive analysis of the various indexes of Baosteel Group. This paper studies the risks faced by debt management under the new policy structure, evaluates and summarizes the risks, analyzes the measures of Baosteel Group to deal with the risk of debt management, as well as the deficiencies and reasons. Through summing up the experiences and lessons of Baosteel Group in the aspects of risk control, risk identification and supervision in the whole process of iron and steel production, the paper puts forward some suggestions on how to improve the risk control and countermeasures of Baosteel iron and steel industry in debt management. In order to provide beneficial ideas for China's iron and steel industry debt management risk control.
【学位授予单位】：安徽财经大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F426.31;F406.7

【相似文献】