论传统经营杠杆理论的不足与完善

传统经营杠杆理论无论是在预测功能还是风险度量功能上 ,或者在对企业经营结果优劣的评价上均显不足。本文在对传统经营杠杆理论分析的基础上 ,结合当今市场经济条件下企业运行的模式和现状 ,引入企业资产债务比率、自有资金、税率等因素 ,应用数学理论、方法构建了广义经营杠杆 ,明晰了经营杠杆的基本构成 ,完善了经营杠杆理论的功能。

The Shortcomings and Improvement of Traditional Management Lever Theory

Traditional management lever theory is not very efficient in its forecasting and risk measurement functions. It also has some shortcomings in evaluating business performance. Based on the analysis of the traditional management lever theory and combined with business operation and conditions of market economy, this paper introduces three factors such as the ratio of business assets and liabilities, self-owned funds and tax rate, and defines the generalized meaning of management lever with mathematics methodology. It clarifies the basic composition of management lever and improves the function of management lever theory.