【摘要】：長(zhǎng)慶油田分公司礦區(qū)服務(wù)事業(yè)部(簡(jiǎn)稱(chēng)CQ礦區(qū))的資本運(yùn)營(yíng)使企業(yè)能夠通過(guò)投資、融資、兼并、收購(gòu)、重組和產(chǎn)權(quán)交易等手段,實(shí)現(xiàn)資本的優(yōu)化配置和資本價(jià)值的最大化,從而使企業(yè)競(jìng)爭(zhēng)力得到全面提升。由于企業(yè)外部環(huán)境復(fù)雜且處在不斷變化之中,而企業(yè)對(duì)其的發(fā)現(xiàn)和適應(yīng)力有限,而企業(yè)對(duì)資本運(yùn)營(yíng)風(fēng)險(xiǎn)的控制對(duì)經(jīng)營(yíng)業(yè)績(jī)必然產(chǎn)生影響,或?qū)е沦Y本運(yùn)營(yíng)風(fēng)險(xiǎn),或資本運(yùn)營(yíng)無(wú)法完成既定目標(biāo),因此資本運(yùn)營(yíng)風(fēng)險(xiǎn)控制在CQ礦區(qū)經(jīng)營(yíng)過(guò)程中發(fā)揮著積極的作用,同時(shí)具有十分重要的研究?jī)r(jià)值。本文通過(guò)文獻(xiàn)研究法對(duì)EVA業(yè)績(jī)?cè)u(píng)價(jià)和資本運(yùn)營(yíng)風(fēng)險(xiǎn)的相關(guān)理論進(jìn)行整理和分析,總結(jié)國(guó)內(nèi)外學(xué)者的研究現(xiàn)狀,歸納了理論核心要點(diǎn)。接著使用EVA業(yè)績(jī)?cè)u(píng)價(jià)結(jié)果進(jìn)行風(fēng)險(xiǎn)識(shí)別,后通過(guò)案例分析法、問(wèn)卷調(diào)查法和杜邦分析法對(duì)案例企業(yè)的資本運(yùn)營(yíng)情況進(jìn)行了詳細(xì)的分析,解析CQ礦區(qū)的系統(tǒng)性風(fēng)險(xiǎn)和非系統(tǒng)性風(fēng)險(xiǎn),并結(jié)合企業(yè)資本運(yùn)營(yíng)的實(shí)際情況,歸納出企業(yè)存在資本運(yùn)營(yíng)結(jié)構(gòu)較單一、宏觀調(diào)控影響較大、缺少科學(xué)的資本運(yùn)營(yíng)理念、缺乏高質(zhì)量的資本運(yùn)營(yíng)人才儲(chǔ)備,以及資本運(yùn)營(yíng)項(xiàng)目管理流程存在漏洞這五點(diǎn)主要的風(fēng)險(xiǎn)成因。針對(duì)上述風(fēng)險(xiǎn)的成因,本文重新構(gòu)建了以EVA為導(dǎo)向的資本運(yùn)營(yíng)風(fēng)險(xiǎn)控制體系,并建議企業(yè)采取對(duì)資本運(yùn)營(yíng)理念、人才培養(yǎng)、多元化運(yùn)營(yíng)和對(duì)風(fēng)險(xiǎn)規(guī)避方式的探索等四個(gè)方面的完善和建設(shè),提出了一套完整的解決方案,幫助企業(yè)實(shí)現(xiàn)對(duì)資本運(yùn)營(yíng)風(fēng)險(xiǎn)的全面控制。
[Abstract]:The capital operation of Changqing Oilfield Branch Mining area Service Division (CQ Mining area) enables enterprises to optimize the allocation of capital and maximize the value of capital by means of investment, financing, mergers, acquisitions, reorganization and property rights transactions. Thus, the competitiveness of enterprises has been comprehensively promoted. Because the external environment of the enterprise is complex and constantly changing, and the discovery and adaptability of the enterprise is limited, the control of the risk of capital operation will inevitably have an impact on the business performance, or lead to the risk of capital operation. Or capital operation can not achieve the established goal, so the risk control of capital operation plays an active role in the process of CQ mining area management, and has very important research value at the same time. Based on the literature research method, this paper collates and analyzes the relevant theories of EVA performance evaluation and capital operation risk, summarizes the current research situation of domestic and foreign scholars, and sums up the key points of the theory. Then use the results of EVA performance evaluation to identify the risk, and then through the case analysis, questionnaire and DuPont analysis of the case of the capital operation of a detailed analysis. By analyzing the systematic and non-systematic risks in CQ mining area and combining with the actual situation of enterprise capital operation, it is concluded that there is a single structure of capital operation in enterprises, which has a great influence on macro regulation and control, and lacks the scientific concept of capital operation. The lack of high-quality capital operation talents and the loopholes in the capital operation project management process are the five main risk factors. In view of the causes of the above risks, this paper reconstructs the risk control system of capital operation based on EVA, and suggests that enterprises should adopt the concept of capital operation and personnel training. This paper puts forward a set of complete solutions to the improvement and construction of diversification operation and exploration of risk aversion, which helps the enterprise to realize the overall control of the risk of capital operation.
【學(xué)位授予單位】：西安石油大學(xué)
【學(xué)位級(jí)別】：碩士
【學(xué)位授予年份】：2015
【分類(lèi)號(hào)】：F275

【參考文獻(xiàn)】

相關(guān)期刊論文 前10條

1 李琦;池國(guó)華;;EVA的應(yīng)用與企業(yè)資金使用效率的提高[J];財(cái)務(wù)與會(huì)計(jì)(理財(cái)版);2010年04期

2 周毓榮;;民營(yíng)企業(yè)資本運(yùn)營(yíng)風(fēng)險(xiǎn)問(wèn)題概述[J];財(cái)經(jīng)界(學(xué)術(shù)版);2012年08期

3 張艷芳;;國(guó)有企業(yè)資本運(yùn)營(yíng)風(fēng)險(xiǎn)及防范措施[J];經(jīng)營(yíng)管理者;2014年09期

4 孔玉生;鄭菡;;上市公司資本運(yùn)營(yíng)分析——來(lái)自江蘇鎮(zhèn)江數(shù)據(jù)[J];財(cái)會(huì)通訊;2014年06期

5 馬紅;王元月;;混合所有制與資本運(yùn)營(yíng)——基于中國(guó)建材集團(tuán)的案例[J];財(cái)會(huì)通訊;2015年11期

6 徐紀(jì)敏;論資本和資本運(yùn)營(yíng)[J];華東經(jīng)濟(jì)管理;1998年01期

7 劉振峰;;談企業(yè)資本結(jié)構(gòu)優(yōu)化問(wèn)題[J];合作經(jīng)濟(jì)與科技;2008年04期

8 蔣一葦;唐豐義;;論國(guó)有資產(chǎn)的價(jià)值化管理[J];經(jīng)濟(jì)研究;1991年02期

9 金貞姬;宋東燮;溫琳;;財(cái)務(wù)比率對(duì)EVA的影響[J];會(huì)計(jì)之友;2011年22期

10 宋琦;;中央企業(yè)EVA考核的缺陷及改進(jìn)研究[J];會(huì)計(jì)之友;2015年11期

相關(guān)博士學(xué)位論文 前1條

1 任秀梅;國(guó)有企業(yè)資本運(yùn)營(yíng)風(fēng)險(xiǎn)研究[D];吉林大學(xué);2007年

相關(guān)碩士學(xué)位論文 前3條

1 劉可佳;基于EVA的創(chuàng)業(yè)板上市公司業(yè)績(jī)?cè)u(píng)價(jià)研究[D];天津大學(xué);2011年

2 陳紅偉;EVA業(yè)績(jī)?cè)u(píng)價(jià)指標(biāo)體系研究[D];南京理工大學(xué);2004年

3 田媛;基于EVA企業(yè)業(yè)績(jī)?cè)u(píng)價(jià)研究[D];遼寧師范大學(xué);2014年

，

本文編號(hào)：2376892