中国企业套期保值与经营业绩的分析

China Enterprise hedge and management achievement analysis

国际上资源类价格近年来波动日益扩大，影响价格的因素很多，给我国一些资源类进出口企业的经营带来很大风险，而期货市场的套期保值操作恰好能提供一个规避现货价格风险的渠道。本文就资源类进出口企业进行套期保值操作的原理与注意问题进行讨论，并用涉及的上市公司实际数据进行实证分析，结论认为套期保值能较好的提高企业经营业绩。

On the international resources class price undulated in recent years expands day by day, affects the price the factor to be very many,some resources class import and export enterprise＇s management brought the very big risk for our country, but the futures market hedge operation could provide a circumvention spot price risk exactly the channel. This article carries on the hedge operation on the resources class import and export enterprise the principle and the attention question carries on the discussion, and with to be listed actual data which involves carries on the real diagnosis analysis, the conclusion thought the hedge can good enhance the enterprise to manage the achievement.