北京航空航天大学学报(社会科学版) ›› 2008, Vol. 21 ›› Issue (4): 20-25.

• • 上一篇    下一篇

互换在企业存货管理中的应用

武春杰, 王东月   

  1. 北京航空航天大学 公共管理学院, 北京 100191
  • 收稿日期:2007-07-11 出版日期:2008-12-25 发布日期:2010-05-19
  • 作者简介:武春杰(1983-),女,河北石家庄人,硕士研究生,研究 方向为金融市场与财务管理.

The Application of Swap on an Enterprise's Stock Management

WU Chun-jie, WANG Dong-yue   

  1. School of Public Administration, Beijing University of Aeronautics and Astronautics, Beijing 100191, China
  • Received:2007-07-11 Online:2008-12-25 Published:2010-05-19

摘要:

随着中国金融市场的逐步成熟,各种金融技术也得到了飞速发展。许多金融工具的应用已经 不仅局限于金融市场,文章利用了基本的金融衍生工具——互换,从财务的角度出发来对企 业的存货进行管理。研究中发现,以往的存货管理都是从成本的角度来对存货进行成本最小 化管理,忽略了存货的风险暴露问题。而存货的风险尤其是价格风险已经越来越成为影响企 业运作稳定与否的重要因素。

关键词: 互换, 存货管理, 风险规避, 收益

Abstract:

With the gradual maturity of the financial market, many kinds of finan cial technologies have been developed at full speed. Many financial tools have b een applied not only in financial market, but also in other fields. This paper g oes from the prospective of finance and uses swap, a basic financial derivative tool, to give a new method to the stock management in an enterprise. During the research,we found that all the former methods go from the prospective of cost a nd try to give a minimized management method. But they ignore the risk of the st ock, especially the price risk in the market. But this one has been a very impor tant factor of the stability in operation of an enterprise.

Key words: swap, stock management, risk elusion, profit

中图分类号: