The Case Study For Prevention And Control Of Financia Risk In Reform Of Collectively Owned Factories Operated By State-owned Enterprises

With constant promotion of state-owned enterprises and development of market economy,collectively owned factories operated by state-owned enterprises have stopped production ultimately lead to mass unemployment,because of confused property rights,rigid management mechanism,redundancy,issue of employee competency and market competition.In which case not only their own development is affected,but also become a severe restriction factor existed in deepened reform of state-owned enterprises.Therefore,in order to further deepen the reform of state-owned enterprises,reduce the burden,improve the market competitiveness,guarantee the Peoples livelihood and promote the social harmonious development,based on the five years experimental reform in the northwest region of China,in April of 2011,the government issued "On guidance about carrying out the reform of collectively owned factories operated by state-owned enterprises in the nationwide"([2011]No.18 released by general office of the state council)to promote the reform work.In this context,the reform of XI'AN Qing An machine manufacturing enterprise is on the agenda.Because of the macroeconomic and property rights,the reform encounters so many difficulties and faces significant risks in finance,profitability and revenue.So,how to prevent and control risks becomes the major objective and direct motivation of author writing this dissertation.This dissertation consists of six chapters,summarizes the financial risks and analyzes the cause in reform of case enterprise.After that,the dissertation puts forward the countermeasures to promote the healthy and sustainable development of enterprise.At last,based on the result of case study,the dissertation summarizes the financial risks and cause in reform of collectively owned factories operated by state-owned enterprises.Meanwhile,the dissertation puts forward the targeted countermeasures and suggestions.This dissertation holds that property rights confusion and lack of reform capital are major restriction factors in reform of collectively owned factories operated by state-owned enterprises.The enterprises should prevent and control financial risks by clarifying property rights,standardizing the assets evaluation and transfer,establishing a stronger control system,improving the internal audit,financing in variety of ways,and improving the capability of risk prevention and control.The innovative point of this dissertation is that the main financial risk types in reform of collectively owned factories operated by state-owned enterprises are put forward.Besides,the countermeasures in this dissertation may provide valuable information for similar reform of enterprises.However,the shortcoming of this dissertation is that a single case may not be adequate to reflect the state of financial risk in reform of collectively owned factories operated by state-owned enterprises.