摘 要
本文探讨了企业表外融资的信息披露问题及其改进策略。首先，概述了表外融资的基本概念、主要特点及其常见形式，包括经营租赁、合资经营、资产证券化、创新金融工具和应收票据贴现等，强调了表外融资在企业融资策略中的重要地位。接着，分析了影响表外融资信息披露的因素，包括法律法规与监管环境、公司治理结构、市场环境和会计准则和制度等。在此基础上，本文指出了当前表外融资信息披露存在的问题，主要包括信息披露不足、不透明、不及时以及会计准则和制度不规范等。针对这些问题，本文提出了相应的改进策略，建议完善信息披露制度，明确表外融资的披露要求和标准，提高信息披露的规范性和透明度；提升信息披露质量，加强企业内部控制和外部审计，确保信息的真实性和准确性；优化信息披露的市场环境，加强监管力度，提高投资者的信息获取能力和维权意识；强化企业内外部治理，建立健全的公司治理结构和内部控制机制，减少表外融资的风险和不确定性。通过这些策略的实施，有望改善表外融资信息披露的现状，提高企业的融资效率和透明度，促进资本市场的健康发展。
关键词：表外融资；信息披露；改进策略
Abstract
This article explores the issue of information disclosure in off balance sheet financing for enterprises and its improvement strategies. Firstly, the basic concepts, main characteristics, and common forms of off balance sheet financing were summarized, including operating leases, joint ventures, asset securitization, innovative financial instruments, and discounting of accounts receivable, emphasizing the important position of off balance sheet financing in corporate financing strategies. Next, the factors that affect the disclosure of off balance sheet financing information were analyzed, including legal regulations and regulatory environment, corporate governance structure, market environment, and accounting standards and systems. On this basis, this article points out the problems in the current disclosure of off balance sheet financing information, mainly including insufficient, opaque, untimely information disclosure, and non-standard accounting standards and systems. In response to these issues, this article proposes corresponding improvement strategies, including improving the information disclosure system, clarifying the disclosure requirements and standards for off balance sheet financing, and enhancing the standardization and transparency of information disclosure; Improve the quality of information disclosure, strengthen internal control and external auditing of enterprises, and ensure the authenticity and accuracy of information; Optimize the market environment for information disclosure, strengthen regulatory efforts, and enhance investors' information acquisition ability and awareness of rights protection; Strengthen internal and external governance of enterprises, establish a sound corporate governance structure and internal control mechanism, and reduce the risks and uncertainties of off balance sheet financing. Through the implementation of these strategies, it is expected to improve the current situation of off balance sheet financing information disclosure, enhance the financing efficiency and transparency of enterprises, and promote the healthy development of the capital market.
Key Words：Off balance sheet financing; Information disclosure; Improvement strategy
目 录
摘 要 I
Abstract II
第1章 绪论 1
1.1 研究背景及意义 1
1.2 研究目的和内容 1
1.3 国内外研究现状 2
第2章 表外融资概述 4
2.1 表外融资的基本概念 4
2.2 表外融资的主要特点 4
2.2.1 隐秘性 4
2.2.2 灵活性 5
2.2.3 风险性 5
2.3 表外融资的常见形式 6
2.3.1 经营租赁 6
2.3.2 合资经营 6
2.3.3 资产证券化 7
2.3.4 创新金融工具 7
2.3.5 应收票据贴现 7
第3章 表外融资信息披露的影响因素 9
3.1 法律法规与监管环境 9
3.2 公司治理结构 9
3.3 市场环境 10
3.4 会计准则和制度 10
第4章 表外融资信息披露存在的问题 12
4.1 信息披露不足 12
4.2 信息披露不透明 13
4.3 信息披露不及时 13
4.4 会计准则和制度不规范 14
第5章 表外融资信息披露的改进策略 16
5.1 完善信息披露制度 16
5.2 提升信息披露质量 16
5.3 优化信息披露的市场环境 17
5.4 强化企业内外部治理 18
结 论 19
参考文献 20
致 谢 21
