Research On Risk Management Of Steel Business For China Railway Shenyang Company

With the development in the level of economic globalization and the information, the flow of talent, technology, capital, goods, and other factors are gradually accelerated and uncertain factors in modern economic society also increase. Therefore, the risks facing enterprises are increasingly diverse and complex. In order to enhance the ability that the companies face the pressure of the external environment, more and more enterprise operator start raising awareness of risk management and gradually establish a comprehensive risk management system as a powerful tool to deal with competition and challenge.China railway material Shenyang Co., LTD.(hereinafter referred to as Shenyang Company) belongs to the Chinese railway material Co., LTD and is a large central enterprise that regards the comprehensive service to railwway industry as the core and its operation is oriented society and the international. In the case of the growing of market management difficulty and risk factors, Shenyang Company has already rose the risk management to the strategic position, namely that the management has long been responsible for it. This paper was to the actual situation of risk management of Shenyang Company as foothold and gradually launched a comprehensive enterprise risk management research work.By the description of the trends of the development of risk management, the domestic and foreign research status and the subjects’background and significance, this article first put forward the thesis ideas and research methods. Second, basing on risk management theories, this paper introduces the relevant theory of corporate risk management and comprehensive risk management.Then in the aspect of a comprehensive risk management to identify, assess and respond, organic concerning about theory and practice, this paper put forward methods of specific and detailed management that is about the scope and process of risk identification, responsibility and steps of risk assessment and content and strategies of risk response. In order to make risk assessment more effective and feasible, the specific results of the risk assessment of Shenyang steel Affairs is given. Finally, this paper describes the Shenyang Company’s risk management operation and daily monitoring in detail and the early warning of the risk monitoring process is given.Meanwhile, combined with the description of the Shenyang Company internal control system, credit risk management in risk management is focused on a detailed discussion and this paper also do a systematic study about Shenyang Company’s major risk management strategies and their solutions and grasp the overall implementation of risk management.