企业财务危机成本形成机理及其间接成本的估量

Composition and Formation of Corporate Financial Crisis Cost and its Indirect Cost Estimation

文章以财务危机成本研究为主线,详细研究了财务危机成本的构成内容、形成机理及具体表现。文章认为,计量和防范财务危机的间接成本具有比直接成本更重要的意义:它便于把财务危机预警融于企业的日常经营管理中。在此基础上,文章提出了财务危机间接成本估量的三种方法:实物期权法、经济附加值法以及逐期环比对比法。

This paper details the composition, formation mechanism and consequences of corporate financial crisis cost. The author holds that it is more meaningful to measure and prevent the indirect cost than direct cost of financial crisis due to the fact that the early warning of indirect financial crisis cost is easier to be involved in corporate routine management. The paper thus proposes three methods to measure the indirect cost: material equity, economic added value, and stepwise chain comparison.