Group Holding, Listed Company Risk Management And Company Value Research

Accelerating process of global economic integration,companies began to face more risks,financial derivatives trading complicate the continued operation of the enterprise a critical challenge.Business needs from a more comprehensive perspective to risk management,enterprise risk management a large selection on the international approach to risk management.Due to the late introduction of enterprise risk management and control in China,a small number of enterprises has been launched,but due to the lack of research data,most focusing on internal control and enterprise value,enterprise risk management and enterprise performance,less firm value: an empirical study.Firstly,reference literature,analysis of enterprise risk management to improve path of enterprise value study of group holdings in listed companies ’ risk management implications.Firstly,reference literature;analyze the risk management associated with the intrinsic value of the enterprise,study group holdings in listed companies ’ risk management impact on the enterprise value.Most of China’s listed companies are for the Enterprise Group Holdings,is a typical pyramid structure and enterprise groups,listed companies as part of its development of the holding companies controlled by the group.In addition,risk management of enterprise group in the literature,there are many scholars explore the risk management and financial risk management within the Group involves the risk of transmission of infection and risk management.However,not from the perspective of enterprise groups of listed companies on risk management and role of enterprise value.Based on domestic and foreign scholars on the relationship between risk management and enterprise value research based on China system background and risk management situation of the domestic a-share company,explore whether the implementation of enterprise risk management to improve enterprise value and verify that the study on mechanism of risk management on the enterprise value in the path.In addition,study groups in the listed company risk management between value and Enterprise role.Using a combination of theoretical and empirical research on group holdings,enterprise risk management and enterprise value research on correlation between the three,with analysis of samples for listed companies,and further analysis of the risk management committee characteristics and group effect of characteristics on the relationship between risk management and enterprise value.Sample for 2010-2015 all listed companies on the Shanghai and Shenzhen Stock Exchange,based on foreign scholars study the effects of enterprise risk management and value conclusion,considering the background and internal risk management of listed companies in China to explore the implementation of enterprise risk management to reduce risk and enhance enterprise value impact.Introducing group factors considering their impact on risk and value.