基于生命周期理论的煤炭企业融资策略分析

作为不可再生资源,煤炭的开采具有明显的周期性,一般来讲,煤炭企业的发展大致都要经历进入期、成长期、成熟期、衰退和转型期,在不同的生命周期,煤炭企业的资金运动特点和产业特点不同,因此,煤炭企业应该根据所处的发展阶段制定合理的企业战略和融资策略,使企业生命周期效益最大。黑龙江省煤炭企业根据其所处的周期阶段采用相应的融资策略取得了巨大成功。

Financing tactics analysis of coal enterprise based on lifecycle theory

As the non-renewable resources,the exploitation of the coal has obvious periodicity,generally,the coal enterprise's development experiences approximately the enter period,growth period,the mature period the decline period and the transfer period,in different lifecycle,the fund sport characteristic and industry's characteristic of the coal enterprise is different,so,the coal enterprise should make the rational business strategy and financing tactics according to the developing stage and make maximum benefit in life cycle.Heilongjiang's coal enterprises have achieved a huge success in financing according to the lifecycle theory.