证券公司的融资管理与风险控制

Finance and Risk Management of Securities Companies

建立面向证券公司的多元化融资结构是我国资本市场发展的一个必然趋势,但在这一过程中,健全证券公司的产权结构从而保证科学的融资管理是首先要认真对待的问题。本文认为,应该从资金成本和风险的角度综合安排融资结构和数量,真正实现证券公司的财务管理目标。

It is an inevitable trend that Chinese capital market willdevelop a diversified finance system oriented at securitiescompanies. The top priority in the course of this development is toensure that a sound equity structure is built for scientificmanagement of their funds. It is believed that to realize its financialgoal, a securities company should determine the structure and sizeof its finance based on the cost and risk of capital.