营运资本政策和管理效率会对企业的价值产生影响，国内外众多学者的实证研究，多数都证明了这一结论。
Working capital policy and management efficiency can affect the value of enterprises. Most of the foreign and domestic scholars in empirical studies have proved this conclusion.
讨论了一些相关的财务比率及三种不同的营运资本筹资政策。
Second, Some financial ratios. Third, three kinds of financial policies for the working capital.
我们将考察处于产业链不同位置的公司，其营运资本的政策会有多大的不同。
We will see some typical industrial chains and figure out how different the working capital policies are when you are in the different position of an industrial chain.
我们将考察处于产业链不同位置的公司，其营运资本的政策会有多大的不同。
We will see some typical industrial chains and figure out how different the working capital policies are when you are in the different position of an industrial chain.
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