Font Size: a A A

On BF Financing Strategies During The Expansion And Transition

Posted on:2013-10-30Degree:MasterType:Thesis
Country:ChinaCandidate:J LuFull Text:PDF
GTID:2269330401487752Subject:Business administration
Abstract/Summary:PDF Full Text Request
The company, which seeks expansion and development, should make detailed analysis on the following elements, such as external environment, internal resources, macroeconomic policies, changes in the market, technology trends, competition situation, available resources, developing level and influencing factors, and develop a scientific and rational strategy.BF company runs good and its strategies are effective. Anyhow, if the company wants to be a modern comprehensive coal chemical company, the fund is necessary. As a private company, BF had no equal credit degree and state-owned company. There are several problems in the financing of the company:the way of financing is narrow, the mode of financing is not variable, the cost of financing is high. The basis of the coal chemical industry is one of the important projects of Ningxia Hui Autonomous Region, and the first model coal coking circulation industry in Ningxia. There are great contradictions between the development of BF and the shortage of the fund. It is necessary to design an effective and reasonable strategy to ensure the demand of the fund.On the basis of relevant theories and practical experiences, this thesis makes a practical, scientific and reasonable financing program to ensure the development and competition of the company.First, the thesis introduces the theory of the financing management and the funding decision, the theory of the cost of capital, enterprise value analysis and the evaluation theory. Second, on the basis of the analysis of BF company’s industrial structure, capital structure, developing strategy and funding status, the thesis finds out the existing problems and analyzes the causes. Third, according to the theory of pecking order and the principles of funding structure, the thesis develops an overall program for BF company. Four, the thesis describes the detailed points and specific steps, the problems and the suggestions of financing strategies in the implementation process.
Keywords/Search Tags:financing strategies, pecking order, internal financing, external financing
PDF Full Text Request
Related items