Assessment Of The Sewage Treatment Industry Risk Management

April 2015 Ministry of Finance,Ministry of Environmental Protection jointly issued "on the promotion of water pollution prevention and control of government and social capital cooperation in the implementation of opinions" to encourage the field of water pollution prevention and control to vigorously promote the PPP model.Across the country in 2015,PPP projects,a large number of which water pollution control projects,account for an important share.PPP projects is going to speed up the release of water pollution prevention around the "building tide." As the core of the successful development of the water pollution prevention industry,the sewage treatment company has great significance for the whole environmental protection industry to improve the risk management capability,enhance the overall management level,guarantee the profitability of the industry and promote the sustainable development.Therefore,the risk management of sewage treatment industry research,not only limited to a simple indicator of benefit evaluation on the basis of,but should be more in-depth comparative analysis of input-output situation,the sewage treatment industry risk management more in-depth thinking.From the overall risk management macro analysis of the industry,select a representative listed companies within the industry to conduct a specific analysis in order to build the industry risk management framework to make a useful contribution to long-term construction of the country’s green economy to provide constructive help.With China’s economic slowdown,supply-side reform is imminent,the sound development of sewage treatment industry can not only improve the relationship between man and the environment,but also for the development of the national economy to provide new ideas.In recent years,the Government continued to introduce good policies for the sewage treatment industry,sewage treatment industry for the further development of the infinite possibilities.In this context,the sewage treatment industry should address the opportunities and challenges within the industry,and carefully assess the risk factors of the industry to determine appropriate operational strategy to seek long-term healthy development of enterprises in the future.Based on this,the assessment of the risk management of the sewage treatment industry should focus on the major risks of the industry,in-depth management of the operational level.Therefore,this paper takes the listed companies in the sewage treatment industry as an example,summarizes the main risks according to the industry characteristics,evaluates the risk management status of the listed companies by performance evaluation,and provides valuable risk management suggestions for the whole industry,making the risk management Measures are not in place of enterprises can learn from the advantages of continuous improvement of business growth,improve their comprehensive ability.This paper mainly uses the data envelopment method to carry on the appraisal measure,through this data analysis research is advantageous to to understand the listed enterprise risk management present situation,and the pertinence proposes the improvement opinion.This paper first introduces the relevant theory of risk management in sewage treatment industry,and defines the relevant connotation of risk management in sewage treatment industry,in order to lay the foundation for the research of this paper,which mainly adopts literature research and induction and deduction.Secondly,from the sewage treatment industry profiles,market supply and demand,policy support to analyze the status of the sewage treatment industry.The risk management status of the industry is evaluated from the aspects of the cost of the sewage treatment industry and the relevant risk index of debt repayment and operation.On this basis,the paper explores the proposals to promote the risk management of the sewage treatment industry.This paper consists of the following six parts:The first part,introduction.This paper introduces the background and value of this paper,and introduces the main content of this paper,and expounds the innovation and shortcomings.The second part,literature review.This paper reviews the domestic and foreign literatures on risk management and risk management in domestic and foreign wastewater treatment industry,and makes a comparison study to determine the research direction of this paper.The third part,the concept of the definition and theoretical basis.Define the main concepts of this paper,including the sewage treatment industry,the concept of risk management evaluation.Expounds the relevant theoretical basis,such as risk management theory,risk financial theory,and DEA data envelopment theory applicability.At the same time,the paper analyzes the sewage treatment industry,and defines the main research content of the industry risk management.The fourth part,the status of industry risk management.Through collecting data and summarizing the deductive research methods,this paper analyzes the main risks of the sewage treatment industry,analyzes the other risks such as cost risk,debt repayment risk and operational risk from the perspective of the industry as a whole and puts forward the general coping strategies of the indusry and the risk management factors.The fifth part,the evaluation part of industry risk management.According to the results of CCR-DEA software,this paper evaluates the listed companies in the industry,and evaluates the performance of the listed companies in the industry.The lower enterprises learn from the industry leading enterprise management model for management optimization.The sixth part,the risk management frame construction suggestion.On the basis of literature review,theory combing,industry analysis and risk management evaluation,this paper puts forward suggestions on risk management of sewage treatment industry and puts forward corresponding policy suggestions for improving the risk management of sewage treatment industry in China.