Research On Risk Management And Internal Control Systems Construction In C Energy Group Company

Due to the late start of risk management research in our country, most of the research results remain on theoretical dimension which are difficult to be implemented in real business operations. The main purpose of the paper is to analyze how the overall risk management shall be constructed and operated,and to give an operable method and procedure. The analysis is based on a case study of a real energy group company’s risk management practice. In consideration of business secret, the energy group company is named of C Energy Group Company.The paper includes the following six parts:The first chapter is an introduction, mainly elaborating the research background, research purpose and significance, main contents, research methods and framework.The second chapter analyzes C Energy Group Company’s actual case. The chapter is divided into four parts. The first part mainly introduces the basic theory of risk management. The second part introduces C Energy Group Company background. The third part will describe the structure of the company’s risk management system. The fourth part is an analysis of problems and defects in the company’s own practice.The third chapter compares C Energy Group Company with other domestic and foreign enterprises in risk management. The author chose some companies which are outstanding in the same industry or have splendid experience in risk management as targets. The analysis includes the advantages and disadvantages of C Energy Group Company’s practice in transverse comparison.The fourth chapter provides suggestions about improving C Energy Group Company’s risk management, basing on the analysis of the company’s real action in risk management.The fifth chapter is an illustration how C Energy Group Company and its affiliated enterprises made the risk management implemented, including specific procedures like making plan, writing risk reports, revising internal control manual and communication, etc.The sixth chapter is a general conclusion and prospect.This paper proposes a risk management model and tries to provide some tools to help enterprises especially state-owned enterprises to improve their management.