Assignment写作范文-企业上市的利弊

www.lxws.net Assignment写作范文-企业上市的利弊企业上市能够有效的满足内部资金需求，提升经营管理水平，增强企业的社会影响力和市场品牌价值，具有积极意义。但同时，企业上市也会产生控制权变更、内部信息泄露等风险，也可能出现沉没成本，导致上市之后风险爆发导致最后的退市失败。但总的来说，企业上市所带来的利益要远大于其产生的不利条件，不能因为有弊端而对上市有所顾忌回避，因此，从长远角度来看，有条件的企业要积极参与上市运作，改善内部管理水平，提升核心竞争力。At present, enterprises are facing increasingly fierce market competition. In order to achieve development in this environment, enterprises must focus on expanding the scale of operation and improving management efficiency. External financing can be obtained through listing on the main board, the gem board, the small and medium-sized board and the new three board, so as to provide effective financial support for the development of enterprises.With the gradual improvement of China's capital market, more and more enterprises put their energy into the mode of listing financing. Through external listing, enterprises can, on the one hand, expand the scale of operation and management to meet specific capital needs; On the other hand, it can also enhance the social influence of the economic subject and safeguard the interests of shareholders. At present, our country has established relatively perfect legal norms and formed a unified three-level management system of laws, regulations and norms for enterprise listing and financing. According to different standards, enterprises can choose a variety of ways to meet the listing requirements, access to financing development funds. At the same time, we should also see that listing financing will bring certain risks, which will not only cause relatively high financing costs, but also cause ownership replacement, trade secrets disclosure and even the failure of listing.Enterprises are profit-oriented economic organizations whose production and operation depend on certain capital conditions. At present, as it is increasingly difficult for enterprises to obtain financing from Banks and other financial institutions, they begin to turn to the capital market and obtain financing development funds through listing. Listing financing can meet the capital needs of enterprises at a certain stage to some extent, and has become an important choice of enterprise financing.Generally speaking, the capital sources of production and operation of enterprises mainly include the following four aspects: 1. Second, the interests of the enterprise in the previous year retained, that is, the part of undistributed profits; Third, the enterprise from the bank and other financial institutions to obtain long-term loans or short-term loans, that is, the enterprise debt; Fourth, the enterprise through the issuance of bonds or stocks and other means of access to funds, that is, capital reserves. In the process of expanding business scale, it is difficult for an enterprise to obtain a large capital scale by means of initial investment by investors, interest retention and bank borrowing, etc. Moreover, it is difficult to realize the issuance of bonds due to many conditions. Therefore, some enterprises with good production and management and high economic benefits will often meet their capital needs through listing. Compared with other financing channels, listing financing has relative advantages. On the one hand, there is no fixed financing term, that is, no maturity date, the financing income does not need to be repaid on schedule, and the interest distribution is relatively flexible. On the other hand, listing financing can enhance the visibility and social influence of the enterprise, and further enhance the enterprise's borrowing capacity. At the same time, the financing income can also provide an effective guarantee for other financing methods.Listing is a continuous process. The purpose of listing and financing is to solve the problem of internal shortage of funds and provide an effective basis for sustainable operation. Specifically, companies can obtain a large amount of capital through initial public offering at the beginning of listing. Then, when the enterprise is listed and meets certain conditions, it can further obtain financing development funds from the capital market through rights offering or issuing convertible bonds, which can provide effective support for the expansion of the enterprise. Before the listed enterprises, due to production of small scale, poor economic benefits, is difficult to obtain suitable credit from the bank, and listed companies, with the enhancing awareness and social influence, financing and debt guarantee ability effectively, Banks and other financial institutions credit will increase significantly. The increase of credit line can not only improve the existing balance sheet structure of the enterprise, but also stabilize the upstream and downstream suppliers, form a credit chain, and then enhance the overall strength of the enterprise.In addition to obtaining financing and generating direct income, the listing of enterprises can further enhance their social influence and brand value. The choice of listing i