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基于负债的中小企业经营策略
引用本文:刘梅.基于负债的中小企业经营策略[J].商业经济(哈尔滨),2007(7):42-44.
作者姓名:刘梅
作者单位:哈尔滨职业技术学院 黑龙江哈尔滨150040
摘    要:由于我国金融市场体系不健全和中小企业自身的原因,中小企业在发展过程中仍面临着较多问题,尤其资金短缺成为制约中小企业发展的瓶颈,负债更成为维持中小企业发展的一条捷径。中小企业应充分结合自身的特点、所在的外部融资环境、融资成本以及企业对资金的需求等要素,进行适度负债经营,选择适合自己的筹资方式,有效利用负债经营的有益之处,最大限度地提高经济效益。

关 键 词:负债经营  财务杠杆  息税前资金收益率  负债成本率
文章编号:1009-6043(2007)07-0042-03
收稿时间:2007-05-16
修稿时间:2007-05-16

Business Tactics of Middle and Small Enterprises Based on Debt
LIU-Mei.Business Tactics of Middle and Small Enterprises Based on Debt[J].Business Economy,2007(7):42-44.
Authors:LIU-Mei
Abstract:Because of imperfect financing market system and their own deficiency,the middle and small enterprises face many difficulty in developing process,especially,shortage in funds is becoming a bottleneck limiting their development,so business under debt becomes a shortcut to maintain their development.However,it will be necessary for them to consider the following aspects: their own characteristics,outer financing environment,financing cost and funding requirement,correspondingly,to take proper business under debt and financing method fit to them,and to increase economic benefit into full play by effectively using the advantage of business under debt.
Keywords:business in debt  financial leverage  earnings before interest and tax(EBIT)  debt-to-cost ratio
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