摘要:在如今这个互联网遍布全球，信息技术飞速发展的年代，“资金成本”作为企业成本管理中最基础也是相当重要的组成部分，越来越受到企业的青睐和重视。随着我国对外开放规模的不断扩大，外资企业的不断涌入，企业在发展中遇到更多更好机遇的同时，在资金成本管理方面的挑战也愈来愈激烈。

　　　本文采用实证分析法等研究方法，以企业资金成本管理基本理论为基础，以徐州派特控制技术有限公司为研究对象，分析了该企业的资金成本管理现状，从企业自身，银行等金融机构和政府三方面着手，从发现的问题出发，提出了解决该企业资金成本管理问题的优化措施。本文认为企业最重要的还是要学会运用资金成本管理方法，知道如何利用财务杠杆以及如何选择最佳资本结构来权衡财务收益与财务风险之间的关系，从而有效的降低企业的资金成本。

关键词 资金成本；资本结构；财务杠杆

Abstract:Nowadays,in this era with the rapid development of information technology and the Internet all over the world,as the foundation and quite important part of the enterprise cost management,the cost of capital is becoming more favor and attention by enterprises.With the opening-door lever rising ceaselessly in China plus the continuous influx of foreign enterprises,which brings more and better opportunities to the development of enterprises,also brings more challenge at the same time in the management of the captical cost.

　　　Based on the enterprise management of the capital cost theory as the foundation, taking the PAT Control Technology company of limited liability in Xuzhou as the research object, this paper adopts the empirical analysis method and so on to analyse the present situation of management of the capital cost in it. From the enterprises, banks and other financial institutions and the government three aspects, based on the problems discovered, this paper puts forward the optimization measures to solve the management of the capital cost problems. This paper argues that in order to effectively reduce the cost of capital of enterprises,the most important thing in the enterprise is to learn how to use the management of the capital cost method, how to use financial leverage ,and how to choose the best capital structure to balance the relationship between the financial revenue and the financial risk.

Keywords  Cost of capital  Capital structure  Financial leverage