Times Of Financial Crisis. Financial Derivatives And Corporate Financial Risk Management

The financial crisis in 2008 has imposed a huge impact on the world economy. Entering into 2010, the world and China's economic indexes have become stable that the world economy has passed the most difficult time, entering into the Post-financial crisis era . As the direct cause to the financial crisis, the financial derivatives have been the heated topic among the academia. On one hand, the leverage of financial derivatives has great risk and causes financial crisis, on the other hand, as a means of risk management, financial derivatives can be the tool for enterprise financial risk management. In post-crisis era, we should rethink the risks that financial derivatives caused and also focus more on how to use financial derivatives to manage risk.The thesis focuses on the three key words of post-financial crisis era , financial derivatives , and enterprise financial risk management , elaborating on the following three parts:First, the thesis summarizes the basic concepts and principles involving risk and financial derivatives, and further analyses the relation between financial derivatives and the 2008 financial crisis. Second, the thesis introduces the term "post-financial crisis era" and the characteristics of the era, stating the impact of financial crisis on enterprises. Then, the thesis mainly focuses on the financial risk management using financial derivatives. Last, the thesis reaches the conclusion that we should further develop the financial derivatives in China, making it helpful for the real economy. The thesis also pointed out how to further enhance the environment of financial derivatives development.