Study On The Enterprise Risk Management

The business scope has further expanded as the continuous development of economic globalization. The more complex environment is, the more risks are needed to face with, followed by increasing uncertainty. The enterprise's normal operation would be affected if enterprise manage risks improperly, even go to bankruptcy as the result. The failures origin from bugs within risk management to some extent, for instance, Enron, Barings bank and Hong Kong Peregrine. More and more enterprises begin to pay attention to risk management, because enterprise risk management relates to the survival of enterprise whether it's good or bad. It will be helpful for enterprises to play better functions in internal control if improve risk management, and catch opportunities during risk prevention process, improving enterprise economic benefits to achieve the overall goal.On the other hand, due to the increasingly serious air pollution problems in C hina, air haze problems affecting people's lives at the same time, to human health pose a threat, energy conservation, improve energy structure, the voice is getting higher and higher. Thus China began to vigorously develop new energy industry, in the local government support, as well as the lure of profits, new energy enterprises an explosive increase in the number, of which there are some of the original with no ties to new energy enterprises began to set foot in the new energy. During this period, a number of new energy ente rprises in the competition to reap huge profits, but also some enterprises because of various reasons and declared bankruptcy. Which the main reasons or because of risk of to control deficiencies, resulting in ever in the competitive advantage of enterprises gradually declared business failure, or even bankruptcy, this is due to the neglect of risk control, blind expansion.In this paper, the research object of T company, mainly engaged in the business of electric power, in 2002 after a new energy enterprise and a satisfactory profit, began to strategic transformation, advocate "double main business, double support". However, in 2015, the company filed for its three new energy subsidiary of bankruptcy reorganization, T company in the field of new energy mana gement will be declared a failure. This article mainly to the poor management of T company cause of three subsidiaries to enter bankruptcy reorganization process were analyzed, and the analysis from the perspective of risk management, so as to cause other enterprises, especially the new energy enterprises, the risk for attention. This article obtains from the related meaning of the risk and risk management, case analysis to lay the theoretical foundation for later. Analysis of T company, first to analyze its profitability, solvency and operation capacity, and its main business income of new energy and power transmission and transformation industry analysis, the financial position of the multiple perspectives analysis the T company in recent years. Found comb ined with the actual operating conditions of enterprises, enterprise's main problem is the following: didn't control good relations between blind expansion, diversification, and lack of professional talents, the government decision-making poor guidance and the emergence of trade protectionism in Europe and America, etc. In response to these questions T company shortcomings in risk management, risk control consciousness weak, the organizational structure is imperfect, lack of risk control system, supervision mechanism is not sound. Finally, put forward countermeasures accordingly, enterprises should establish a good sense of risk control, improve the corporate governance structure, improve the company risk early warning mechanism, and to strengthen the internal audit of the internal supervision mechanism.