会计学院知识库

收益和风险是相互依存的关系。如果企业仅仅是单纯的追逐利润，必然会冒很大的风险；同样，在公司经营的过程中，若不能对公司的盈利与风险进行合理的权衡，就极易引发公司的财务危机。许多公司出现的财务困境，会给他们的股东和债权人以及其他利益相关者都带来不可估量的损失。因此，对财务困境产生的深层原因进行剖析，从而寻求走出财务困境的对策，便具有十分重要的意义。
本文以盐湖股份为研究对象。首先，通过文献研究法梳理了国内外有关财务困境的相关理论研究，包括财务困境的界定、财务困境发生的原因以及相关的脱困策略等方面的理论研究的现状。其次，描述了盐湖股份在公司陷入财务困境的相关事件，并分析了使得该企业陷入财务困境的各方面原因。主要原因包括：（1）战略风险层面；（2）经营风险层面；（3）公司治理和内部控制方面；（4）财务风险方面；再次，通过查阅现有文献和资料，总结了盐湖股份为摆脱财务困境所采取的各种策略，主要包括公司战略重组、公司治理重组、财务重组和资产重组四个面。最后，本文主要以熵值法和功效系数法为主，对上述策略的效果进行了分析和评价。同时，总结相关经验教训，以求为同样陷入财务困境的企业提供借鉴。

Profit and risk are mutually dependent on each other. On the one hand, if the pure pursuit of profit, then must take a big risk. On the other hand, in the company's operation, if the profit and risk can not be balanced reasonably, it is easy to cause the company's financial crisis. The financial difficulties of many companies have brought immeasurable losses to their shareholders and creditors as well as other stakeholders. Therefore, it is of great significance to analyze the deep causes and seek the countermeasures to get out of the predicament.
In this paper, Qinghai Salt Lake Industry Group Company is taken as the research object.Firstly, through the literature research method it sorts out the domestic and foreign relevant theoretical research on financial distress, including the definition of financial distress, the causes of financial distress and related strategies to get out of the predicament and other aspects of theoretical research status. Secondly, it describes the related events of Qinghai Salt Lake Industry Group Company in the company's financial difficulties, and analyzes the various reasons that make the company fall into financial difficulties. The reasons mainly include: (1) strategic risk level; (2) The level of business risk; (3) Corporate governance and internal control; (4) financial risks; Thirdly, by referring to the existing literature and materials, the paper summarizes various strategies adopted by Qinghai Salt Lake Industry Group Companyto get rid of the financial predicament, including: corporate strategy restructuring, corporate governance restructuring, financial restructuring and asset restructuring. Finally, this paper mainly uses entropy method and efficiency coefficient method to analyze and evaluate the effect of the above strategies. At the same time, summarize the relevant experience and lessons, so as to provide reference for other enterprises in financial difficulties.