现金流风险研究综述

摘要

The paper summarizes recent researches and applications in domestic and foreign literature regarding cash flow risks.It explains the key issues,major contributions and policy implications of the branch of study,and it relates to cash flow at risk,cash flow volatility and cash flow risk management,in order to help better understand corporate cash flow risk and improve corporate governance.%本文按照文献相应分类及时间顺序,对现金流风险理论及其经验研究进行了梳理,较为系统的总结了现有研究的关键问题和主要贡献。文章着重阐述和评价了风险现金流度量、现金流风险信息传递、现金流风险管理策略等三方面的研究成果,以期对现金流风险在内部控制、公司治理、宏观调控等理论和应用方面提供有益的思路和方向。