John Jay Group's Financial Risk Management Studies

Hanjack Technology Group, as a outstanding transnational enterprise ,is famous worldwide, It's main product ,that is computers' monitors, had gone to the market in both Hong Kong and Singapore in 1999 .This group has built factory manufacture system , research and development system and marketing system in the world ,with it products sold in every developed country.The basic idea of Han jack Technology Group's financial risk management goes as following; on the premise of taking control of financial risk, control all of the resources. Common control of resources serves to guarantee that, all of its branches' development lives up to the whole requirement of the main group and its benefit maximization requirement ,which centered on cash class, takes control of all of the resources. How to dispose resources between its branches lies in the strategic mission and the yearly enterprise plans of its branches, with the aim to display the group's overall superiority, to form the whole competition power, and to acquire benefic maximization of the whole group in the end.The essential method of Han jack Technology Group's financial risk management is as follows; built a unit financial control system in order to guard against various financial risk ,built a unit control system in order to standardize the management ,behavior of its branches ;built a unit budget management system in order to check the management behavior of its branches beforehand and afterward ,built a unit finance and investment system in order to standardize the finance and investment system behavior of its branches ,built a finance and investment system on the bank internet ,in order to stand the fund revenue and expenditure behavior of its branches .Under the guide of its idea against financial risk ,Han jack Technology Group successfully reduce the possibility of financial risk by above method ,which is worthwhile for us to follow suit.