(中南工業(yè)大學(xué)工商管理學(xué)院， 長沙 410083)
摘 要: 有色金屬期貨市場有利于有色企業(yè)建立現(xiàn)代的經(jīng)營管理機(jī)制，它主要表現(xiàn)為現(xiàn)貨市場可利用期貨市場回避價(jià)格波動(dòng)風(fēng)險(xiǎn)和利用期貨市場價(jià)格發(fā)現(xiàn)功能科學(xué)管理企業(yè)。反過來，在其現(xiàn)代企業(yè)經(jīng)營管理機(jī)制建立過程中。企業(yè)自發(fā)地參與期貨市場，又完善了期貨市場套期保值功能和價(jià)格發(fā)現(xiàn)功能。二者相輔相成，對(duì)其關(guān)系進(jìn)行研究具有十分重大的現(xiàn)實(shí)意義。
關(guān)鍵字: 經(jīng)營管理機(jī)制 套期保值 回避風(fēng)險(xiǎn) 價(jià)格發(fā)現(xiàn)
（College of Business and Management,Central South Univer sity of Technology, Changsha 410083）
Abstract:The futures market is helpful for nonferrous metals industry to build modern managerial and administrative mechanism. It mainly finds expression in that cash market can take advantage of the function of price risk avoiding and price forecasting of futures market to manage the industry scientifically. On the other hand, the industry's joining in the futures market spontaneously during the course of building its modern managerial and administrative mechanism will perfect the function of hedging and price forecasting. In this case, it will be of great significance to study on their complementary relationship.
Key words: managerial and administrative mechanism hedging risk avoiding price forecasting
