财务杠杆风险

金融控股集团的双重财务杠杆风险分析

Analysis on double leverage risk of Financial Holding Conglomerates

作为资本密集型产业，一直以来，能否筹措到资金是房地产企业首先要考虑的问题，而与企业价值密切相关的资本成本、财务杠杆风险等资本结构问题则被许多房地产企业忽略。

As a capital-intensive industry , the ability of financing has been the first consider of the real estate industry . However , the study of the cost of capital and financial leverage risk which closely related to the enterprise value had been ignored .

应从绝对水平和相对水平两方面比较对价水平的高低，作为一种金融衍生工具，权证具有财务杠杆和风险对冲两大功能。

Comparing consideration level , absolute level is thought as a developing banking tool , with two functions : financial leverage and diversification of risk .

论企业的财务杠杆与财务风险

On Financial Lever and Financial Risk of Enterprises

财务杠杆与财务风险防范

Financial Leverage Financial Risk Prevention

伴随着全球经济活动的减缓、财务杠杆降低和风险厌恶程度的上升，金融市场持续挣扎着。

Financial markets are continuing to struggle with slowing global economic activity , financial de-leveraging and rising investor risk aversion .

公司规模、净资产收益率、税率、成长能力与逃避税程度呈显著的正相关，而财务杠杆、道德风险与逃避税程度呈显著的负相关。

Company size , return on net assets , tax rates and the level of growth is significantly positive correlated with tax evasion , and there are negative relationships between financial leverage , moral hazard and tax evasion .

财务杠杆原理和风险控制是企业资本结构中的一个重要因素，正确分析相关风险和合理使用杠杆原理对企业决策有着重要的意义和影响。

Financial lever principle and risk control is one of the important factors in the enterprises ' capital structure , so it is of great significance for an enterprise to make its decision on the basis of logical analysis of relevant risks and proper use of lever principle .

而且还对影响报酬和业绩敏感性的因素如公司财务杠杆、公司的风险、公司董事治理进行研究，寻找解释报酬业绩敏感性较低的原因。

Besides , this paper explores such factors as debts , risks , board governance , large shareholdings governance , which influence compensation and performance sensitivity .