China's Listed Companies' Financial Risk Analysis And Prevention Research

Financal risk management is a important part of corporate risk manage-ment. Through analysis and preventation of corporate risks, it will improve quality of list companies and make them survival in all risks of market econo-my. Based on risk management and financial management theories, usingknowledge of economics,capital operation,statistics,investment etc., the mainaspects of list companies' financial risks,especially risks in practice, are ana-lyzed and studied,relevant analysis and preventation measures are presented.The emphases of this thesis are as follow:discussed the meaning of risk andrisk management; systematically analyzed features and environment of listcompanies' financial risk management;dealed with financing patterns risks andfinancing preferation risks;presented features on investment risks in buyer'smarket; investigated project investment risk analysis and preventation, adop-tion of option theory as we11;analyzed risks in assets restructure, focused onrisks in corporate acquisition and merger;at the end,established financial riskprediction model according to statistical model and data of yearly statements in1998;described feasibility and basic thougt of financial risk alarm system. Thisthesis' study will strengthen risk consciousness of list companies,furthermore,provide theoretic and practica1 guide for list companies' financia1 risk manage-ment. Effective financial risk management is helpful to well─organized finan-cial activities and scientific financial risk decisions.