国有投资公司资源占用资本成本与资本成本管理探析

Analysis on the Resource Occupation Cost of Capital and the Cost of Capital Management of State-owned Investment Companies

资源占用资本成本是企业在占用资金、资本、设备、空间等资源需要付出的代价。在制造业中,资源占用资本成本是隐性成本,与制造原料成本等显性成本共同构成了经营成本。对于国有投资公司来说,最重要和最普遍的资源是资本,资源占用资本成本(简称ROCC)主要体现在资本的成本上。国有投资公司要树立资源占用资本成本的理念,使用资本成本管理方法,增强价值创造能力,引导资源向战略意义高、发展前景好的地区和项目倾斜。

The resource occupation cost of capital(ROCC for short)refers to the price that enterprises need to pay when occupying resources such as fund,capital,equipment and space.In the manufacturing indus⁃try,ROCC is an implicit cost,which constitutes the operating cost together with the explicit cost such as the cost of raw materials for manufacturing.For state-owned investment companies,the most important and common resource is capital,and ROCC is mainly reflected in the cost of capital.Therefore,state-owned in⁃vestment companies should establish the concept of ROCC,utilize the cost of capital management methods,enhance their value creation abilities,and allocate more resources to areas and projects with high strategic significance and good development prospects.