内容提要内容提要债务风险问题虽然不是一个新兴的财务管理问题，但多年来却一直没有得到很好的解决，很多企业仍然处于债务风险的泥潭中难以自拔，特别是国内国有企业的这一问题也尤为严重。本文主要是以当前企业所面临的困境为出发点，提出一些针对债务风险防范与控制的解决方案，某些方法是过去业内人士一直讨论的，这里笔者只是加以改正，希望在企业中能够得到更好的运用。本文伊始采用纵向对比分析法对我国国有企业及国有控股企业的债务风险进行分析，同时对研究现状加以概括，在分析了影响债务风险的因素之后开始从债务风险的防范和控制两个方面展开讨论。在债务风险的防范部分，笔者采用由浅入深的手法，先是确定企业防范债务风险的制度的建立，然后制定企业的债务风险预警系统，确保企业处于债务风险的警惕状态。在债务风险的控制部分，主要从三部分（即：流动性、经济性、安全性）展开讨论。流动性主要是从期限这一角度来考虑的，不仅包括债务本身的期限，而且考虑了债务与收益的期限匹配；经济性主要是从资金成本和收益率的角度出发，考虑了项目的现金流问题；安全性顾名思义，从企业举债的安全层面考虑，确定企业是否处于安全的状况下及在出现问题情况下的自保行为。希望本文能为理论界的同行对债务风险问题的思考提供一些思路，为企业实践中的债务风险的防范与控制问题做出一点贡献。关键字：债务风险债务风险的防范债务风险的控制1ABSTRACTABSTRACTThoughthefinancialriskisnotanewemergingproblemoffinancialmanagement,ithasnevergottensatisfactorysettlementformanyyears.Alotofenterprisesarestillhardtoextricateoneselfinthemireofthefinancialrisk,especiallytothestate-ownedenterprises.Thisarticlebeginswiththepresentpredicamentfacedwithmanyenterprises.Thenputsforwardsomemethodsabouthowtopreventandcontrolthefinancialrisk.Somemethodshavebeenbeingdiscussedinthepastyears,theauthorcorrectsthemandhopestogetbetterapplicationintheenterprise.Afteranalyzingthefinancialriskofthestate-ownedenterprisesandstate-runholdingenterprisesbytheapproachoflongitudinalanalysis,theauthorintroducesthepresentresearchconditionsconcerningthistopic,afteranalyzingthefactorsofthefinancialrisk,theauthorlaunchesdiscussingfromtworespectsoftheprecautionandcontrolofthefinancialrisk.Theauthoradoptsthetacticsfromthesuperficialitytothedepthdiscussingtheprecautionofthefinancialrisk.Firstlytheauthorestablishesthefoundationofthesystemsofprecautionofthefinancialrisk,thenmakesthefinancialriskwarningsystems,guaranteeingtheenterpriseinthestateofwatchingoutforthefinancialrisk.Itdiscussesthecontrolofthefinancialriskmainlyincludingthreeparts(namely:Mobility,economic,security).Mobilitymainlyconcerningwiththedeadline,notonlythedeadlineofliabilitiesitself,butconsideringthatthematchofthedeadlineoftheliabilitiesandincome;Economicproceedsfromfundcostandearningratio,andconsidersthecashflowissuesofproject;Securityasitsnamelysuggests,considersfromsecurityoffinanceaspectanddeterminesenterprisebeinginthesafestate,anditcarriesontheself-insurancebehaviorswhenitgoeswrong.Ihopethatthisarticlecanoffersometrainsofthoughtforthinkingabouttheriskquestionofthedebttothecolleaguesofthetheorycircleandmakealittlecontributionfortheprecautionofthedebtriskintheenterprisepracticeandcontrolquestion.KeyWords:FinancialRisk,ThePrecautionofFinancialrisk,TheControlofFinancialRisk1目录目录引言······················································································1一、债务风险的因素分析······································...
