綠天公司上市融資方案設(shè)計(jì)
本文選題:民營(yíng)企業(yè) + 創(chuàng)業(yè)板。 參考:《湖南大學(xué)》2013年碩士論文
【摘要】:企業(yè)的融資決策是貫穿企業(yè)生命始終的重要工作,是國(guó)內(nèi)外學(xué)者們長(zhǎng)盛不衰的研究課題。從最早的資本市場(chǎng)起源到如今已經(jīng)歷數(shù)百年,企業(yè)家對(duì)資本市場(chǎng)的向往永遠(yuǎn)都不會(huì)隨著時(shí)間流逝而褪去。因此企業(yè)上市融資就是一個(gè)永恒的命題,自從它誕生之日起就從未消失。我國(guó)民營(yíng)企業(yè)在改革開放以來對(duì)我國(guó)的發(fā)展貢獻(xiàn)很大,但是民營(yíng)企業(yè)特別是中小型民營(yíng)企業(yè)融資難的問題一直沒有得到妥善的解決。我國(guó)2009年成功推出的創(chuàng)業(yè)板市場(chǎng)對(duì)我國(guó)中小型高科技民營(yíng)企業(yè)來說是一個(gè)福音,作為主要為民營(yíng)企業(yè)開放的資本市場(chǎng),,如何通過這個(gè)新興市場(chǎng)為企業(yè)籌集到資金并實(shí)現(xiàn)公司的發(fā)展戰(zhàn)略目標(biāo)是一個(gè)很值得廣大學(xué)者們研究的課題。 在對(duì)我國(guó)資本市場(chǎng)有所了解的前提下,本文選取了一家具有代表性的中小型高科技民營(yíng)企業(yè)作為案例公司,在充分分析該公司在當(dāng)下融資過程中出現(xiàn)的問題后,提出了上市融資計(jì)劃,同時(shí)結(jié)合證監(jiān)會(huì)最新關(guān)于IPO的政策和關(guān)于創(chuàng)業(yè)板上市的要求,認(rèn)為該公司具備創(chuàng)業(yè)板上市條件,且創(chuàng)業(yè)板上市融資切合該公司的戰(zhàn)略規(guī)劃。上市融資涉及的面非常廣,本文將上市融資分為五個(gè)階段,筆者認(rèn)為第二個(gè)階段上市輔導(dǎo)期是整個(gè)上市進(jìn)程成功與否的關(guān)鍵時(shí)期。針對(duì)公司上市融資中出現(xiàn)的問題,文中提出了解決對(duì)策,并對(duì)輔導(dǎo)期的上市方案進(jìn)行了重點(diǎn)設(shè)計(jì),在充分分析公司上市面臨的風(fēng)險(xiǎn)、公司的財(cái)務(wù)狀況與盈利能力后對(duì)公司的組織結(jié)構(gòu)、治理結(jié)構(gòu)提出了改進(jìn)建議。對(duì)于綠天公司在上市過程中遇到的募投項(xiàng)目、持續(xù)盈利能力、獨(dú)立性、內(nèi)部控制、環(huán)保情況、公司核心競(jìng)爭(zhēng)力等方面的問題做了一定程度的探討并提出了解決辦法。筆者通過對(duì)案例公司上市過程的分析與設(shè)計(jì)得出一個(gè)切實(shí)可行的上市融資方案以解決案例公司的融資問題,同時(shí)也為與案例公司同性質(zhì)的公司的上市決策提供一個(gè)可參考的思路。
[Abstract]:Enterprise financing decision is an important work that runs through the life of the enterprise and is a research topic for scholars at home and abroad. From the earliest origins of capital markets to hundreds of years now, entrepreneurs' yearning for capital markets will never fade over time. Therefore, corporate listing financing is an eternal proposition, it has never disappeared since its birth. Private enterprises in China have contributed a lot to the development of our country since the reform and opening up, but the problem of financing difficulties of private enterprises, especially small and medium-sized private enterprises, has not been properly solved. The gem market, which was successfully launched in 2009, is a good news for the small and medium-sized high-tech private enterprises in China, as a capital market which is mainly open to private enterprises. How to raise funds and realize the strategic goal of the company through this emerging market is a subject worth studying by many scholars. On the premise of understanding the capital market of our country, this paper selects a representative small and medium-sized high-tech private enterprise as the case company, after fully analyzing the problems of the company in the current financing process, This paper puts forward the listed financing plan, at the same time combines the latest policy of IPO and the requirement of gem listing of CSRC, and thinks that the company has the condition of listing on gem, and the listing financing of gem is in line with the strategic plan of the company. Listing financing involves a wide range of aspects. This paper divides listing financing into five stages. The second stage is the key period of the success of the listing process. In view of the problems in the listed financing of the company, the paper puts forward the countermeasures, and designs the listing plan of the guidance period, and analyzes the risks faced by the company. After the company's financial situation and profitability, the company's organizational structure, governance structure proposed improvement recommendations. This paper probes into the problems encountered by the company in the process of listing, such as the project of raising and investing, the ability to make profit continuously, the independence, the internal control, the situation of environmental protection, the core competence of the company and so on, and puts forward some solutions. Through the analysis and design of the listing process of the case companies, the author obtains a feasible financing scheme to solve the financing problems of the case companies. At the same time, it also provides a reference for the listed decision of companies with the same nature as the case companies.
【學(xué)位授予單位】:湖南大學(xué)
【學(xué)位級(jí)別】:碩士
【學(xué)位授予年份】:2013
【分類號(hào)】:F275;F426.32
【參考文獻(xiàn)】
相關(guān)期刊論文 前10條
1 唐建新;章晉學(xué);;融資優(yōu)序與行業(yè)管制——兼析中國(guó)上市公司“異常融資優(yōu)序”現(xiàn)象[J];財(cái)會(huì)通訊(學(xué)術(shù)版);2005年12期
2 彭素琴;;創(chuàng)新型企業(yè)創(chuàng)業(yè)板上市重點(diǎn)財(cái)務(wù)問題研究[J];財(cái)會(huì)通訊;2011年24期
3 邵金萍;吳元波;;試論我國(guó)民營(yíng)企業(yè)上市融資的制度性障礙[J];西北工業(yè)大學(xué)學(xué)報(bào)(社會(huì)科學(xué)版);2006年02期
4 蔣順才;蔣永明;胡琦;;不同發(fā)行制度下我國(guó)新股首日收益率研究[J];管理世界;2006年07期
5 夏曉琳;;創(chuàng)新型企業(yè)IPO上市的財(cái)務(wù)問題及對(duì)策[J];財(cái)經(jīng)界(學(xué)術(shù)版);2012年07期
6 林柱英;王楠;王瑞瑾;;民營(yíng)企業(yè)境內(nèi)外上市風(fēng)險(xiǎn)及規(guī)避策略[J];財(cái)務(wù)與會(huì)計(jì);2009年14期
7 丁雪山;喬如林;牛騰飛;;申請(qǐng)創(chuàng)業(yè)板IPO企業(yè)應(yīng)當(dāng)關(guān)注問題之“盈利能力”和“財(cái)務(wù)會(huì)計(jì)處理”[J];財(cái)會(huì)學(xué)習(xí);2011年01期
8 王威;萬燕;;專項(xiàng)財(cái)務(wù)核查下IPO企業(yè)財(cái)務(wù)信息披露質(zhì)量[J];東方企業(yè)文化;2013年03期
9 趙磊;;國(guó)有企業(yè)改制上市常見問題及發(fā)行審核重點(diǎn)[J];黨政干部學(xué)刊;2011年11期
10 黃少安,張崗;中國(guó)上市公司股權(quán)融資偏好分析[J];經(jīng)濟(jì)研究;2001年11期
本文編號(hào):1855635
本文鏈接:http://www.sikaile.net/guanlilunwen/shengchanguanlilunwen/1855635.html