万科与世茂财务绩效及财务政策比较研究
A Study on the Financial Performance and Financial Policy of VANKE and SHIMAO
Abstract
在中国,房地产行业是与国民经济高度关联的行业,占到整个GDP的6.6%,房地产投资额占国内总投资额约25%,随着房地产行业在人民生活和国家经济发展中扮演着越来越重要的角色,房地产已经成为社会关注度最高的行业之一。住宅地产和商业地产分别是房地产行业的两种不同类型。近年来,由于商业地产快速发展、宏观调控政策限制住宅地产等原因,出现了住宅地产纷纷转型商业地产开发的现象。本文选取万科与世茂这两家较为典型的住宅地产和商业地产企业为样本,深入对比分析它们的财务数据,旨在研究两种房地产商业模式造成的财务绩效、财务政策和财务战略差异。 本文分为八章。第一章为论文的研究概述,包括研究背景及意义、研究分析框架;... In China, the real estate industry is highly related to the national economy. It accounts for 6.6% of the GDP, and the real estate investment accounts for about 25% of the total investment. With the real estate industry plays a more and more important role in people's life and the development of national economy, the real estate has become one of the highest degree of social concern. Residential r...