摘要
题目:通货膨胀对长期投资决策的影响分析
摘 要
投资对企业的生存和发展具有十分重要的作用,而在投资决策研究时,还必须要考虑通货膨胀的影响,对企业正确进行长期投资决策具有重要的经济意义。在对企业投资进行分析和决策时,考虑通货膨胀的影响,给出正确的长期投资决策来为决策者提供科学的理论和现实依据。企业在进行内部长期投资决策时,要充分考虑通货膨胀和资源价格上涨因素,从而使决策更科学,但传统的财务决策方法比较烦琐。因此我们从其他各个方面来系统分析了通货膨胀对长期投资决策的影响,并采取有效措施来使企业内部长期投资决策的决策过程更加简洁、明晰,便于理解。本文通过利用净现值来进行投资决策分析,并且考虑到了货币的时间价值 ,而货币的时间价值是在没有通货膨胀和风险条件下的社会平均资金利润率。而实际中 ,项目的现金流量可能是名义现金流量 ,可能是实际现金流量 ;可能是肯定的现金流量 ,也可能是非肯定的现金流量。在进行投资决策分析时折现率与现金流量的指标口径应该一致 ,所以文章从通货膨胀以及其风险风险等问题来对长期投资决策进行了探讨正确的投资决策分析讨论,以便企业做出合理正确科学的决策方案来避免有可能会对企业造成的经济损失。
关键字:通货膨胀 ,长期投资决策,经济,分析,影响
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ABSTRACT
ABSTRACT
Investment for the enterprises survival and development plays an important role, while in the investment decision, must also consider the effect of inflation, for the enterprises to carry out the long term investment decision has important economic significance. On the corporate investment analysis and decision-making when, consider the effect of inflation, given the right investment decision for decision makers to provide basis of scientific theory and reality. Enterprises in long-term investment decisions, to fully consider the inflation and the resources price factors, and make the decision more scientific, but traditional financial decision method is complicated. We therefore from other aspects of systems analysis the inflationary effect on long term investment decisions, and take effective measures to make the long-term investment decision-making process more concise, clear, easy to understand. This article through uses net present value to investment decision analysis, and considering the time value of money, and the time value of money is in the absence of inflation and risks under the conditions of social average profit rate on funds. Actually, the cash flow of the project may be nominal cash flow, may be the actual cash flow; may be positive cash flow, may also be a positive cash flow. In the analysis of investment policy of discount rate and cash flow index diameter should be consistent, so this article from the risk of inflation and the problem such as the risk of long-term investment decision making is discussed the right investment decision analysis is discussed, so that enterprises make a reasonable scientific decision scheme to avoid the possibility of enterprise economic losses caused by.
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