摘要:我国市场经济的发展带动了金融领域的成熟,金融所带来的高收益也日渐被人们所熟知,这种高收益不仅导致金融机构数量的大幅增长,而且吸引了众多非金融类公司的进入,尤其是近几年,考虑到实体经济的发展速度放缓,为了改善其财务状况,创造较高绩效,不少企业纷纷买入金融资产进行投资。本文将以纺织行业为例,通过探究纺织业上市公司的财务数据,和对已进行金融投资和未金融投资的上市公司的财务指标进行对比,解析非金融企业投资金融产品对其绩效的影响,希望本文能为这类企业做出投资决策提供参考。 28375
毕业论文关键词:产融结合;绩效;纺织行业;金融化
The impact on the performance of non-financial listed companies after financial investment
Based on A-share Textile Companies
Chen Weiyang Tutor: Liu Rongmao Abstract: The financial market in China is pretty much maturer and more developed than before. At the same time, the fact that the most important character of financial products is high return is increasingly known by people. This character not only leads to a significant increase in the number of financial institutions, but also attracts many non-financial companies which have no experience in financial investment. Another cause for the phenomenon which cannot be ignored is the slow pace of development of the real economy, which lead to the profit of many companies declining. So, in order to improve their own financial condition and gain more profit, companies have changed their mind and take the financial industry into consideration which seems to have a bright future. They spare a portion of business fund which used in the construction of real economy to the purchase of financial assets , so that proportions of financial assets in their total assets have increased. Then the number of companies which take part in the financial investment is increasing. In this paper, I will take companies in the textile industry as examples to study the relationship between the financialization and enterprise performance. I will analyze the financial statements of listed companies in the industry and compare several financial indicators between the listed companies which have financial asserts and listed companies which have no or little financial asserts. Then the impact of the financialization to these companies would be clear, no matter it is positive or negative. Last but not least, I hope that this conclusion could provide a reference for the listed companies to make investment decision.
Keywords: Financial-industrial combination; Performance; Non-financial listed companies; Financialization
目录
摘要 1
关键词 1
Abstract 1
Key words 1
一、引言 2
二、文献综述 2
(一)国外观点 2
(二)国内观点 3
三、研究对象和衡量指标的选取 3
(一)研究对象 3
(二)衡量指标 4
四、非金融上市公司投资金融业对其绩效的影响 4
(一)纺织业上市公司的总体绩效分析 4
1.纺织业与全行业的绩效分析 4
2.纺织业与金融业的绩效分析 4
(二)投资金融业与否对公司绩效的影响 5
1.两类公司的总体分析 5
2.进行金融投资公司的个例分析 6
(三)金融投资对公司绩效影响不同的原因分析 7
1.金融投资对绩效产生负面影响的原因分析 7
2.金融投资对绩效产生正面影响的原因分析 8 非金融上市公司投资金融业对其绩效的影响:http://www.youerw.com/kuaiji/lunwen_23177.html