英语翻译负债经营是现代企业提高竞争力和获利能力,能获得快速发展而采取理的水平的一种积极、主动和进取经营理念.本文将从资本结构理论引出负债经营的利弊,进而引出它对企业价值的影响.负债经营的合理运用,既可以提高企业财务管,又能为企业增经济效益.因此,它既是一种财务策略,又是一种经营战略,对企业经营有着非常重要的意义.拒绝翻译软件，那样是人就会

On borrowings are the modern enterprise enhance the competitive power and profit ability, can obtain the fast development to adopt the principle the level one kind positive, initiative and the enterprising management idea. This article will draw out on borrowings from the capital structure theory the advantages, then draws out it to the enterprise value influence. On borrowings reasonable utilization, both may enhance the business finance tube, and can increase the economic efficiency for the enterprise. Therefore, it is not only one financial strategy, is also one kind of business strategy, has the very vital significance to the enterprise management.

Liability operation is a positive, active and aggressive management mind for modern enterprises to improve their competitive power and ability for making profits as well as to obtain rapid development.
The article will introduce the advantages and disadvantages of liability operation from the capital structure theory and then introduce further its influence on value of the enterprises.
Reasonable application of liability operation not only improves financial management of the enterprises but also increases their economical benefit.
Thus, liability operation is a financial strategy and also a management strategy and has very vital significance on enterprise management.

The liability management is a positive, proactive and aggressive operational philosophy, by which a modern enterprise can enhance its competitiveness and profitability and develop rapidly. The paper, from the theory of capital structure, draws advantages and disadvantages of liability management, which leads to its influences on the enterprise value. The proper use of the liability management can not only improve an enterprise's financial management, but also promote its economic results. Therefore, the liability management is a financial tactic as well as an operational strategy, which is of great significance to the operation of an enterprise.

Liability management is the modern enterprise to improve competitiveness and profitability, can be taken by the rapid development of the rationale for the level of a positive, proactive and aggressive business philosophy.In this paper, capital structure theory will lead to the pros and cons of debt, which leads to the impact of its enterprise value. The rational use of debt can not only improve financial management, while increasing economic benefits for the enterprise. Therefore, it is a financial strategy is a business strategy, the business has a very important significance.

负债经营是现代企业提高竞争力和获利能力,能获得快速发展而采取理的水平的一种积极、主动和进取经营理念.
Debt management is a positive,active and aggressive business mind which could make modern enterprises inprove their competition and ability for gaining profits as well as obtaining the rapid development.
本文将从资本结构理论引出负债经营的利弊,进而引出它对企业价值的影响.
The article will introduce the advantages and disadvantages of debt management from the capital structure theory and then further introduce its influence on value of the enterprises.
负债经营的合理运用,既可以提高企业财务管,又能为企业增经济效益.
The reasonable usage of debt management will both improve the financial management of enterprises and increase the economical profit of enterprises.
因此,它既是一种财务策略,又是一种经营战略,对企业经营有着非常重要的意义.
Hence,debt management is not only a finance strategy but also a business strategy and has a very important meaning to enterprises management.
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