摘要:伴隨國際金融環境和國內市場環境的日益復雜多變,企業的財務危機也愈來愈受到重視. 如果企業不能卓有成效地規避風險，危機便會在企業內部機體滋生蔓延。而首當其沖的是企業資金運動的中樞——財務系統，財務狀況的逐步惡化將引發財務危機，當危機擴散到企業無法承受的限度時，企業全面危機則一觸即發，嚴重導致企業破產。在亞洲金融風暴中，日本、韓國、馬來西亞等國的大企業頻頻覆沒，不是沒有管理，而是沒有對財務風險保持高度的警惕。因此，企業設置良好的財務危機防范機制,有利于發現潛在的問題,避免日后財務危機對企業造成的巨大損失.

　　　文章從導致財務危機的內部原因出發，針對此提出了如何防范和控制財務危機的對策。

關鍵詞：財務危機，原因分析，對策

Abstract:With international financial environment and the domestic market environment and the increasingly complex and changeable, enterprise's financial crisis also more and more attention paid to. If the enterprise can efficiently avoid risk, crisis will in the enterprise internal breed and spread. And as the first enterprise capital movement--the central financial systems, and the financial situation gradually worse will trigger a financial crisis, when the crisis spread to enterprise could not afford the limit, is a comprehensive enterprise crisis looming, serious lead to bankruptcy. In the Asian financial crisis, Japan, South Korea, Malaysia and other countries of the big enterprise frequently destroyed, and not without management, but no financial risk to maintain a high level of alert. Therefore, the enterprise set up good financial crisis prevention mechanism, to find a potential problem and avoid subsequent financial crisis caused great loss to the enterprise.

　　　This article, from the financial crisis to reason and corresponding countermeasures based on the theoretical basis of the main use Z-score model of the financial position of the company made the analysis, in conjunction with the relevant case analysis, and put forward the countermeasures to this crisis.

Key words：Financial crisis, cause analysis, the countermeasures

　　　　財務管理很重要，一個企業財務狀況的好壞往往是企業自身、投資者和債權人關注的焦點。一個營運良好、財務健康的企業不但可以提高自身在市場上的信譽、市場份額，擴展籌資渠道，也使投資者信心倍增。相反，一個陷入財務困境或瀕臨破產的企業乏力吸引投資，而更讓原有投資者面臨巨大的信用風險。因此，及早地發現企業財務危機信號，使經營者能夠在財務危機出現的萌芽階段,采取有效措施改善企業經營，防范財務危機。此論文正是基于這一動機，旨在通過淺析企業財務危機的成因，從而建立效果較好、可用于跨行業企業財務危機預警分析的判別模型，并對怎樣預防和控制財務危機的發生提出了一些看法。