宁波服装业上市公司财务风险分析------以雅戈尔为例.doc

毕 业 论 文 论 文 题 目：宁波服装业上市公司财务风险分析 --------------------以雅戈尔为例 学 院 名 称： 经济与管理学院 专 业： 会计学 班 级： 092 班 姓 名： 黄珊莎 学 号09410010108 指 导 教 师： 刘政伟 职 称 讲 师 定稿日期：2013年 05 月 12 日 摘 要 近年来，随着我国资本市场经济体制不断完善，越来越多的高盈利公司在证券市场上市，但正是由于外部市场竞争的加剧和内部经营管理的不善，不少公司随之出现了财务风险，在这其中，服装企业也不例外。财务风险是指公司财务结构不合理、融资不足等使公司可能丧失偿债能力而导致投资者预期收益下降的风险。有效的风险管理措施能够降低、规避或者转移财务风险，使公司获得长期稳定的发展。本文以财务管理的基础理论为指导，针对当前宁波服装业上市公司的财务风险及其特点进行分析，并以宁波雅戈尔为例，根据雅戈尔集团2008—2012年年报数据，深入分析雅戈尔集团的筹资风险、投资风险和生产经营风险等主要财务风险及其规避措施，以及其内部控制对于其财务风险规避的作用，寻求有效降低服装企业财务风险的措施，探讨促进宁波服装企业健康稳定发展的途径。 关键词：服装业,上市公司,财务风险 ABSTRACT In recent years, economic system of capital market in China has continued to improve, more and more high-profit companies listed in the open market, but precisely because the intensifying of external market competition and the poor management of internal operations, many companies were in financial risk, in this one, Clothing enterprise is no exception.Financial risk is the risk of the companys financial structure irrational, or financing insufficient which lead to a decline in the expected return of investors . Effective risk management measures to reduce to circumvent or transfer financial risk to obtain long-term stable development of the company .basing on the basic theory of financial management,analysis of financial risk and its characteristics of clothing enterprises in Ningbo. And take ningbo youngor as an example,based on the data from the annual reports of Youngor Group from 2009 to 2012，this paper makes in-depth analyses on its major financing risks，including risk in financing，investment risk,exchange rate risk, the production and business operation risk and avoiding measures,as well as its internal control for the role of the financial risk aversion ,to seek effective measures to reduce the financial risk of the clothing e