Research On Financial Risk Asessment Of Le-tian Human Resource Company

Beijing Foreign Enterprise Human Resources Service Co., Ltd (FESCO), established in 19 79, is China’s first human resources service enterprise. After 30 years of development, now our country human resources service enterprises are more and more, whose structural states mainly have five types:state-owned enterprises, foreign invested enterprises, private enterprises and ot hers. With the rapid development of China’s economy in recent years, many well-known multi-national human resources services companies began to set up branches in major cities of China, thousands of branches formed with a scale of human resources outsourcing and labor dispatch s ervice network, which has great impact on domestic human resources service enterprises. LETI AN is an private enterprise established less than ten years, which mainly engaged in the dispate h business. After several years of rapid development, now the service ability of the enterprise b egan to saturate and the development of enterprise started recession. By the end of 2012, "labor law amendment" introduced, labor dispatch business was limited, and then LETIAN’s business began to grow negatively. In the face of difficulties, LETIAN can only reduce the financial risk, improve the competitiveness both of enterprises and the market. Therefore, this paper chooses LETIAN Human Resources Service Company as a sample for the research of financial risk.This paper first introduced research results from both domestic and foreign experts on ente rprise financial risk, and then the research results of the study were summarized and analyzed. S econdly, this paper introduced the basic situation of the sample enterprise, including the organiz ational structure, business processes, business conditions of the recent three years and the exited financial risks. Then, LETIAN Company’s financial risk evaluation were done in this paper. Th rough the literature reading and questionnaire survey results, this paper determined LETIAN Co mpany’s financial risk evaluation index. By using the analytic hierarchy process, we can find th e key factors that need to be controlled in the financial risk of LETIAN Company, and then we can get the main factors of the financial risk control of LETIAN Company. After that, fuzzy co mprehensive evaluation method is used to make a comprehensive evaluation of LETIAN Comp any financial risk, and a comprehensive evaluation model is obtained. According to the enterpri se financial risk evaluation standard, LETIAN Company’s financial risk grade is confirmed. Fin ally, the corresponding countermeasures are put forward according to the factors that affect the f inancial risk of LETIAN Company.