Finance and Strategy（融资与战略） 融资是企业经营的主要活动之一，具有重要的战略意义。 1.Managing Finance（融资管理） Managing finance is a fundamental aspect of strategic success. In general, companies face three broad issues: Managing for value Funding strategies Financial expectations of stakeholders. 对融资的管理影响到了企业战略的成功与否。 2.Equity share capital （股权融资） 以上是几种常见的股权融资方式和特征，需要认真理解和区分，并对他们的计算熟练掌握。 3.Long-term debt（长期债权融资） Long-term debt instruments are legal documents acknowledging that the company owes a debt to the holder of the instrument. The debt of large companies may be traded on the debt markets. Long-term debt instruments are referred to as bonds, debentures or fixed-income securities. 4.Hybrids（可转债和认股证书） Some sources of finance are neither pure debt nor pure equity: 5.Leasing（融资租赁） Leasing is a medium-term financial arrangement, usually from 1 to 10 years, by which the lessee has a legal obligation to make payments to the lessor over the predetermined length of time. It is a means of financing the use of capital equipment; the underlying principle is that use is more important than ownership. 融资租赁也是一个常考知识点。 |
