DK Group Financial Risk Analysis And Control Research

With economic development, enterprises are facing increasingly complex financial risk. To take effective measures to circumvent and defuse financial risks is very important. If you do not timely analysis of financial risk, to control, is likely to evolve as the financial crisis, the enterprise’s survival and development of threat. In this paper, the theory of financial risk based on the study, by DK Group Risk and Control conducted a study to explore business practices to control financial risk measures in the hope for the future development of DK Group provides learn from them. The same time, the state-owned enterprises for similar practical help.In this paper, the relevance of the theory of financial risk are introduced, and then analyzed the status of financial risks DK Enterprises, DK enterprises as a main mining, while the diversification of the state-owned enterprises, has its own characteristics and financial risks, the main manifestations and the causes of four points:the blind, decentralized expansion, the pursuit of economies of scale, resulting in the rapid increase in debt ratios, diversified business risks highlighted; insider risk management, and the harm are mainly financial information distortion, post consumer and short-term phenomenon of serious, serious damage to group interests of the related-party transactions; accounts receivable recovery of low-risk, so that their investment and financing increased risk, mainly due to poor sense of leadership, responsibility is not clear, and assessment system defects; macroeconomic risk. In response to these DK corporate financial risk, this article suggests DK enterprises can take the following measures to guard against financial risk, financial risk by as much as possible to minimize the losses caused. First, the enterprises should improve their corporate governance structure, improve decision-making accuracy, to prevent the dominance and lack of supervision; second, the establishment of investment, financing, risk control strategy to improve the accuracy and efficiency of investment, lower debt ratio and improve the use of funds structure; Third, a qualitative analysis of financial risk; fourth, improve supervision, and incentive mechanism, the phenomenon of insider control play a constrained, and give full play to the role of human resources; fifth, a sound financial budget system, control of expenditure and the strengthening of financial use efficiency; Sixth, a financial early warning systems, through the establishment of a general index system, key indicators and models to analyze business risk in a timely manner in order to facilitate faster discovery of risk, control risk.This article, through a state-owned enterprise financial risk analysis and control studies, mainly in order to integrate theory with practical ways, through research, theoretical presentations, analysis of risk to the proposed measures for improving the framework for study and hope to the enterprise’s financial risk control have a certain practical value, the shortfall is that in the control study, there is only a framework for thinking a need for more detailed study.