中國房地產(chǎn)企業(yè)抵御金融危機能力研究--從財務的視角.pdf

1、南京財經(jīng)大學碩士學位論文中國房地產(chǎn)企業(yè)抵御金融危機能力研究--從財務的視角姓名：宮鵬遠申請學位級別：碩士專業(yè)：企業(yè)管理指導教師：袁界平2010-01II ABSTRACT In this paper, I choose 63 Chinese real estate enterprises which listed in the chinese A- share market as the resear

2、ch sample. By comparing changes in operation status of these enterprises before and after the outbreak of the financial crisis, this paper has evaluated the ability to withstand the financial

3、crisis. The sample companies is ranked acording to the ability. This paper has chooses four facts of the features of business operation such as the degree of diversification, the level of ass

4、ets and liabilities, the geographical distribution of business and firm size. Then, the paper assumes the relations between the ability to withstand the financial crisis of these enterprises and

5、 the four facts of the features of business operation, and then has tesed these hypothesis in order to find out that what enterprise has the stronger ability to withstand the financial crisis

6、 and why. At the end of this paper, the writter gives some advices acording to the conclusion of the study . The paper has five parts: The first part is introduction,which introduces backgrou

7、nd of the issue mainly and illustrates its theoretical significance and practical significance briefly. The second part is a literature review and research synthesis. The paper has reviewed the

8、literature on the problems which were involoved in this article such as enterprise crisis and risk management, the financial crisis and the relationship between real estate companies, this globa

9、l financial crisis, the relationship between the enterprise's core competence and the ability to withstand the crisis. The third part is the definition and evaluation of the ability to with

10、stand the financial crisis of the real estate enterprises. Based on the existing literature and theoretical results and the financial data disclosured by the enterprises which are listed in the

11、 chinese A- share market, this paper makes the index system which is used to evaluate the capacity to withstand a crisis of the real estate enterprises. And then, this paper evaluates the cap

12、acity to withstand a crisis of the real estate enterprises thought the index system. The fourth part is to study the relationship between the business characteristics and the ability to withsta

13、nd the crisis. Based on existing literature and theory , this paper proposes the assumption on the relationships between the business characteristics and the capacity to withstand the crisis, an