摘要
目前鲜有学者将企业现金流的研究视角放在宏观政策层面上,本文抓住了金融危机这一契机,以财政政策为研究对象,将其对企业现金流的影响分为财政政策在宏观层面的传导、财政政策在宏观微观间的传导、财政政策在微观层面的传导三大过程进行尝试性分析,得出传导链条,并提出了危机中企业现金流管理的两大关注点,以期对危机中企业现金流断流风险的防范以及相关宏观经济政策的制定有所帮助。
Recently there are few scholars who study corporate cash flow from the perspective of macro-policy.This paper focuses on the fiscal policy under the background of financial crisis,and tries to analyze its effects on the corporate cash flow with three processes,namely,transmission on macro-level,transmission between macro-level and micro-level,and transmission on micro-level.A transmission chain is established with the above-mentioned analysis.The paper also puts forward two considerations of cash flow management during crisis,in order to prevent the risk of cash flow breakdown,and be beneficial to the formulation of macro-economic policy.
出处
《会计研究》
CSSCI
北大核心
2010年第4期42-49,共8页
Accounting Research
基金
国家自然科学基金《现金流价值创造与风险显现嬗变机理研究》(70972039,2010-2012)
教育部人文社会科学研究项目《新经济时代企业价值创造模式创新及其评估研究》(08JA630036,2008-2010),教育部“国际金融危机应对研究”应急课题《企业现金流断流风险:金融危机对企业的正面冲击点解析与应对策略探讨》(2009JYJR019,2009-2010)的阶段性成果
南京大学商学院科研基金支持