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nd a small price. Borrowing in particular, after consultation of the loan amount, repayment terms, with the period shall change, but also for solution through consultations with greater flexibility. Ⅲ.The disadvantages of debt management Debt to maintain the existing shareholders under the premise of control brought about by the rapid growth of wealth. Thus, capital markets, as well as for business managers have entrepreneurial spirit and readiness to take risks is a positive innovation as an important sign of the measure, that is, the level of debt. However, enterprises in the process of debt as a result of the business environment there are many uncertain factors, especially in preborrowing the idea of operating conditions is not conducive to business development, will result in the risk of debt. Run the risk of liability es mainly from the financial risk and business risk issues. Financial risk is increasing due to the use of debt and financial burden, and thus the solvency of the enterprise may be lost, eventually leading to the risk of corporate insolvency. When enterprises are facing low economic development, due to a fixed amount of the interest burden, the profits will fall, bringing the interests of a substantial decline in rate of return of negative impact. Funding for the liabilities, businesses have due and timely payment of interest and a statutory duty to repay the principal. Once the financial conditions deteriorate, or the operation of shortterm funds is inappropriate, it will enable the enterprises are facing the risk of insolvency. Thus, on the one hand, may cause longterm part of the shortterm liabilities, and enable enterprises to increase the operating costs。 On the other hand, will also affect the credibility of enterprises to make financing more difficult.Excessive debt is likely to cause the agency conflict between shareholders and creditors. The creditors39。 interests are not promised a premise condition is the enterpris