人民币升值预期与进出口型企业现金流运行均衡管理  

RMB Appreciation and Cash Flow Equilibrium Management of Export-oriented Enterprises on Post-crisis Era

作　　者：章贵桥[1] 季伟伟[1] 倪婷婷[1] 

机构地区：[1]南京大学商学院会计学系

出　　处：《亚太经济》2013年第5期45-50,共6页Asia-Pacific Economic Review

基　　金：国家自然科学基金项目"企业现金流价值创造与风险呈现嬗变机理研究"(70972039)的阶段性成果;国家自然科学基金项目"政府会计与地方政府行为交互作用机理研究:基于经济发展方式转变视角"(71172064);国家自然科学基金"团队断裂带对子群间沟通有效性及团队绩效的作用机制研究"(71202106);教育部人文社会科学研究青年基金项目资助"中国企业情境下团队沟通与组织绩效关系研究"(10YJC630029);南京大学"国际化会计学博士生项目"(IAPHD)专项资助

摘　　要：后危机时代人民币持续升值对我国外向型经济产生了显著影响与作用,而人民币升值速度与力度将对受益型与受损型两类企业的现金流运行作用尤为凸显。在分析与归纳人民币升值对两类企业现金流运行一般规律与特征影响后,本文针对性提出了两类企业现金流运行均衡管理思想与策略,以期为其现金流运行均衡管理提供些许洞见。RMB continued appreciation on Post-crisis era have influence on China＇s economic and social, es- pecially prominent on China＇s export-oriented economic entity. We divided import and export enterprises into beneficiary enterprises and damaged enterprises which based on the different effects of RMB appreciation, the speed and intensity of RMB appreciation will plays a prominent role on cash flow running of two types of compa- nies. After analysis and summarize the general rules and characteristics of how the RMB appreciation effect on cash flow running of two types of companies, this paper presents different cash flow equilibrium management strategies for the two types of enterprises. I hope to provide some insight and guidance to the cash flow equilibri- um management for the two types of enterprises.

关 键 词：人民币升值预期 受益与受损型企业 现金流运行 均衡管理 

分 类 号：F830.73[经济管理—金融学]