Finance and Strategy(融资与战略) 融资是企业经营的主要活动之一,具有重要的战略意义。 1.Managing Finance(融资管理) Managing finance is a fundamental aspect of strategic success. In general, companies face three broad issues: Managing for value Funding strategies Financial expectations of stakeholders. 对融资的管理影响到了企业战略的成功与否。 2.Equity share capital (股权融资) 以上是几种常见的股权融资方式和特征,需要认真理解和区分,并对他们的计算熟练掌握。 3.Long-term debt(长期债权融资) Long-term debt instruments are legal documents acknowledging that the company owes a debt to the holder of the instrument. The debt of large companies may be traded on the debt markets. Long-term debt instruments are referred to as bonds, debentures or fixed-income securities. 4.Hybrids(可转债和认股证书) Some sources of finance are neither pure debt nor pure equity: 5.Leasing(融资租赁) Leasing is a medium-term financial arrangement, usually from 1 to 10 years, by which the lessee has a legal obligation to make payments to the lessor over the predetermined length of time. It is a means of financing the use of capital equipment; the underlying principle is that use is more important than ownership. 融资租赁也是一个常考知识点。 |