摘要
不确定环境下,企业需要具备一定的财务柔性。企业财务柔性的本质是以柔性组织理论、资源约束理论、动态能力理论、权变理论及融资理论为基础,与财务保守、财务冗余有着本质区别;不确定性和环境波动是财务柔性的前提条件;为应对不确定性和环境波动,企业需要通过不同的融资渠道和融资方式获取柔性财务资源,储备财务柔性;财务柔性具有缓冲、适应及创新的功能。对财务柔性本质的探讨踏实了财务柔性的理论基础,丰富了财务柔性的理论,对财务柔性实践具有一定的理论指导意义。
Under uncertainty environment, the enterprise needs to have a certain financial flexibility. The essence of enterprise financial flexibility is the flexible organization theory, theory of resource constraints, dynamic capability theory, contingency theory, and based on the theory of financing and financial conservative, fundamentally different from fmancial redundancy; Uncertainty and environmental fluctuations is the premise of financial flexibility; To cope with the uncertainty and environmental variation, the enterprise needs to through different ways of financing channels and financing for the flexible financial resources, reserves, financial flexibility; Financial flexibility has the function of buffering, adaptation and innovation. On financial steady the financial flexibility theory about the nature of flexible base, enrich the theory of financial flexibility, the flexible financial practice has a certain theoretical guiding significance.
出处
《改革与战略》
2014年第4期63-67,71,共6页
Reformation & Strategy
基金
国家社科基金项目<基于集群融资的小企业财务战略研究>(项目编号:12XGL005)
西南财经大学博士研究生科研课题<财务柔性
现金股利政策及企业投资效率>(项目编号:JBK1207055)
关键词
柔性
柔性财务资源
动态能力
财务柔性
flexibility
flexible financial resource
dynamic ability
financial flexibility
