企业投资的“不确定”风险及防范思路

• 作 者: 黄凯
• 机 构: 东南大学经济管理学院
• 出 处: 投资研究
• 发表日期: 1999年12期
• 关键词: 企业投资 经营环境 企业竞争 财务结构 企业资本结构 现金周转 逾期贷款 不可逆性 预期回报 消费偏好

改革开放以来，我国企业的投资环境日趋复杂多变。环境的不断变化造成投资决策条件不稳定，决策难度提高，企业投资面临“不确定”风险的机会也大大增加。本文试图通过对企业投资“不确定”风险的形成机理、表现形式的分析，并结合国外的经验和我们对一组国内投资失误企业实证?

Since the reform and opening up, the investment environment of Chinese enterprises has become increasingly complex and ever-changing. Due to the changing environment, the investment decision-making conditions are unstable, the decision-making difficulty is increased, and the opportunities for enterprises to face the risk of “uncertainty” are also greatly increased. This paper tries to analyze the formation mechanism and form of the “uncertain” risk of enterprise investment, combined with the experience of foreign countries and our empirical test of a group of domestic investment failures.