Research On CMG Geological Exploration Entity Financing Risk Control

Geological exploration entity,which plays an important role in our country's economy growth,is of main power in mine resources discovery.In 2013,45 kinds of main minerals in China need to import as many as 23,iron ore,nickel ore,copper external dependency rose to 58.7%,70%and 58.7%respectively.China's mineral resources per capita is less,the high quality resources is less,high external dependency,use less difficult shortcomings,such as the cause of the economic development of our country "congenital deficiency".Geological exploration units to ease the hard constraints of mineral resources for economic and social development play an important role.Influenced by mining the economic downturn,in 2015 the national geological exploration investment is 32.6 billion yuan,down 18.9%year on year in 2014,the geological exploration entity increases the financing difficulty,risk control issues become more prominent.Presently most geological exploration entity state-owned enterprises that have single property controlled by the state.This situation causes sort kinds of shortcomings,such as non-active mechanism and bloated structure and components.Imperfect financing internal control system and lack of control can easily lead to risks.CMG is a state-owned geological exploration entity,to study its financing risk control problem is typical,to analyze the omissions of the industry financing risk control has a reference significance.CMG has many problems in financing risk control,such as imperfect financing risk,imperfect financing risk assessment mechanism,poor financing risk control measures,And the lack of internal supervision mechanism of financing risk control.The above problems by CMG geological exploration entity interior governance mechanism is not perfect,financing risk control talented person insufficiency,the financing risk control system construction content and form is not unified and so on six aspects.Domestic research on geological survey mainly concerns the industry characteristics and the realization path of enterprise transformation,It is an innovation to study the financing of geological exploration entity from the perspective of risk control.In this paper,based on the internal control theory framework,based on the actual situation of CMG geological exploration entity,this paper puts forward the countermeasures and suggestions of CMG geological exploration entity financing risk control,which can improve the CMG financing risk control system and analyze thefinancing risk of the whole industry Control problem has reference significance.However,the state-owned geological exploration entity has low degree of enterprise and the internal control system is not perfect.In addition,there are few researches on the risk control of geological exploration entity at home and abroad,and the practical experience and theoretical achievements can be learned.Therefore,I have a better understanding of the problems in the financing risk control of geological exploration entity,and remain at the level of experience.The ideas and countermeasures are not systematic.In view of the above problems,the paper puts forward the following improvement measures.First,to enhance the level of financing risk prevention awareness,in accordance with the principle of substance over the principle of Re-revision of the financing risk control system and strict implementation,improve the fi Nilary risk control environment;the introduction of external constraints,and effectively prevent the internal governance problems,fundamentally resolved investment impulse.Second in the same principle with the principles of practicality,combined with the characteristics of the industry,from the capital structure,solvency,profitability,The current financing decision and the performance appraisal methods;optimize the structure,reasonable to determine the scale of financing;innovative Financing facilities to promote the diversification of financing facilities,effective risk diversification;rigid financing budget constraints to improve the financing risk internal control mechanism.Fourth,in accordance with the principle of independence and effectiveness,set the financing risk control and supervision institution to enhance the Financing risk control and supervision capacity.