摘要
文章以企业可持续增长的逻辑起点入手,以财务基本平衡等式为依托,认为可持续增长是一种动态平衡增长,并在此基础上论证支持企业销售增长的各要素与企业可持续增长率间的变化关系,提出企业销售增长偏离可持续增长时相应的融资策略以及可持续增长率作为企业财务规划的辅助内容存在的局限性。
Based on basic financial balanced equality, this paper, starts with the logical starting point of the enterprise's sustainable growth and presents that sustainable growth is a kind of dynamic and balanced growth. It proves the fluctuating relations between all essential factors which support the sale growth of enterprise and enterprise's sustainable growth rate. It also provides some appropriate financing strategy when enterprise's sale growth deviates from sustainable growth and point out the limitations of sustainable growth rate as the auxiliary contents of enterprise's financing planning.
出处
《南华大学学报（社会科学版）》
2004年第2期31-34,共4页
Journal of University of South China(Social Science Edition)
关键词
可持续增长率
平衡增长
融资策略
财务规划
Sustainable Growth Rate
Balance Growth
Financing Strategy
Financial Planning
