Research On Enterprise Risk Management Based On COSO-ERM

Since the 21 st century,the strategic position of the maritime sector has been rising rapidly among countries around the world.More and more countries have listed how to vigorously develop the maritime economy and safeguard the country’s maritime rights and interests as one of their important development goals.In the 18 th National Congress of the Communist Party of China,my country established a strategic plan for building a maritime power.In 2013,when General Secretary Xi Jinping visited Southeast Asian countries,he put forward the important idea of "Building the 21 st Century Maritime Silk Road" in his speech.This concept was formally written into the annual work at the Central Economic Work Conference in 2014.All of the above have provided new development opportunities and policy support for the development of my country’s marine economy.With the continuous and in-depth development of economic globalization,the ties between companies around the world are getting closer.The production and sales of companies are often completed in multiple countries,but this also means that companies will face greater risks.The fishery industry belongs to agriculture,forestry,animal husbandry and fishery.The number of companies in this industry is small and the risks are complex.In recent years,companies in this industry have suffered many losses due to poor risk management.The operation of fishery companies with low returns has been even more difficult.,Which has caused a double blow to the economy and reputation of fishery companies.Therefore,it is urgent to establish a scientific risk management system suitable for their actual operating conditions.Foreign scholars began their research on risk management-related theories as early as the1950 s,while the research on risk management in my country started relatively late and was basically based on the experience of foreign enterprise risk management.After the release of the COSO-ERM framework,a group of scholars gradually applied the theory to various industries and achieved good results.This article takes COFC as the research object and the COSO-ERM framework as the theoretical basis.First,it summarizes the relevant literature on corporate risk management at home and abroad and the relevant literature on the COSO-ERM framework.Secondly,it discusses the related concepts and concepts involved in the article.The origin and main content of the framework are stated to some extent,followed by a certain analysis of the general situation of COFC and the company’s current operating conditions,to understand the problems of the company’s current risk management system,and then according to the company’s risk The existing problems of management are combined with the COSO-ERM framework to establish a more complete risk management system,and finally put forward some corresponding safeguard measures to ensure the smooth operation of the system.Through research,it is found that COFC lacks a good internal environment for risk management,unclear risk management objectives,and imperfect risk response and control measures.This paper designs a set of risk management system that is more suitable for the company’s development based on the original basis and the actual situation of the company’s operations,and gives specific implementation steps.At the end of the article,in order to ensure that the constructed risk management system can be effectively implemented and implemented,the safeguard measures for COFC to construct the risk management system are proposed and the risk management system designed in this article is evaluated.It is hoped that this article can provide ideas for COFC to build a risk management system,and provide some reference for other companies in the same industry.