Research On Risk Conduction And Risk Evaluation Of Small And Medium-sized Enterprises

The western countries’fast development has verified the importance of small and medium-sized enterprises in the development of economy. Estimated from the index of productivity, capital, raw materials, energy consumption, etc., small and medium-sized enterprises have more advantages than large enterprises which possess advanced production equipment and technical talents.In the course of our country’economic transformation, enterprises are also undergoing the change from a seller’s market to a buyer’s market. And in the context of globalization, enterprises have to face more fierce competition and challenges. But risk is everywhere. As a main economic entity in our country, minor enterprises still lack the scientific risk analysis mechanism and risk controlling ability. Therefore, it is important to analyze and evaluate the risk of SMEs. So far scholars in our country mostly focus on the risks management study of large enterprises other than minor enterprises. We still lack systematic comprehensive research on small and medium-sized enterprises at present. This paper just outlines its study on the basis of this point. The study will have theoretical significance as well as practical value.Chapter1is the introduction of dissertation. In this chapter, it introduces researching objective, researching background, researching significance, researching content and researching method. Chapter2mainly introduces the domestic and international risk theory evolution. And small and medium enterprises risk research development is reviewed, too. Chapter3is the research of small and medium-sized enterprises’theory. First of all, this article defines small and medium-sized enterprises from two angles:" quality" and "quantity". The paper defines the minor enterprises as follows:Compared with large enterprises in number of employees, capital scale, operation scale and operation risks level, minor enterprises are less scaled and less risky. Namely they are directly controlled by a single person or a few persons. They operate the company and taking risks independently all by themselves. These enterprises are not in a leadership position of an industry and are relatively small in scale. At the same time, this paper analyzes the features of small and medium-sized enterprises and the categories of small and medium-sized enterprises risk. Chapter4mainly analyzes the dynamic conduction process of minor enterprise risk. In this chapter, self organization theory is used to explain enterprise risk formation and conduction process. Small and medium-sized enterprises’risk conduction characteristics and main elements are analyzed, too. We also describe the dynamic risk conduction mechanism process the mathematics language. The random factors which affect enterprise risk system are described. This chapter analyzes the small and medium enterprise risk conduction particularity and makes an empirical analysis on it. The fifth chapter introduces the traditional enterprise risk evaluation methods. Taking the listed SMEs in China as samples, the chapter analyzes small and medium-sized enterprise risk structure in our country. And fuzzy comprehensive evaluation is used to evaluate minor enterprises risk. Chapter6studies the methods to control risks based on strategic intelligence from the angle of strategy management, organization structure, industry choice and strategic salary of minor enterprises, and try to supplement strategic risks management method which is being completed gradually. Chapter7is sum-up of the dissertation and expectation of the research.In this paper, we make an in-depth theoretical analysis of small and medium-sized enterprises’risk characteristics, causes and manifestations. The dynamic process of enterprise risk conduction is discussed in mathematical language, too. At the same time, small and medium-sized enterprises’risk structure in our country is analyzed and the multi-level fuzzy comprehensive evaluation method is established to evaluate their risk. According to the analysis, this article draws the following conclusions:(1) Based on the empirical analysis of small and medium-sized enterprises’business unit linkage and transmission of risk, small and medium-sized enterprises’risk conduction characteristics are obtained.(2) According to the analysis of small and medium-sized enterprises’ risk structure,we can reach the conclusion that small and medium-sized enterprises’system risk in our country is relatively high.(3) Considering the fact that small and medium-sized enterprises are different from large enterprises, this article adopts a special method to establish the small and medium-sized enterprise evaluation model, the multi-level fuzzy comprehensive evaluation model. The quantitative indexes and qualitative indexes are both adopted in the model.(4) In order to eliminate small and medium-sized enterprises’ short-sighted behavior and effectively promote the development of small and medium-sized enterprises, this article puts forward a few risk control measures based on the theory of strategic management.The whole dissertation combines the empirical analysis and theoretical analysis, research analysis, qualitative and quantitative analysis, induction and deduction analysis, analogy analysis and regression analysis and other methods. This paper uses documentary research method to summarize the domestic and foreign relevant theories on risk management. On the basis of qualitative and quantitative research of minor enterprises, the article evaluates small and medium-sized enterprises’risk. By the statistical software, such as EVIEWS and SPSS16.0, it analyzes the risk conduction and the structure of small and medium-sized enterprise. The growth state of small enterprises in various industries is analyzed, too. And this paper verifies the important role of risk control in minor enterprises through case-study.