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Case Study On Risk Control Of Debt Financing In Baotou Steel Group

Posted on:2020-06-10Degree:MasterType:Thesis
Country:ChinaCandidate:X N LiuFull Text:PDF
GTID:2381330575453503Subject:Accounting
Abstract/Summary:PDF Full Text Request
The steel industry plays an extremely important role in our national economy.Since the reform and opening up in the last century,the development of the steel industry has made tremendous progress.At the same time,with the continuous expansion of the number and scale of steel companies,the steel market is already saturated.In the state of surplus,in order to make great progress in the steady operation of the company,the company still needs to continuously inject funds to expand its business and enhance its competitiveness.In general,most companies choose a financing structure that combines equity financing with debt financing,and attracts investors with high-yield securities products combined with high-cost credit.However,there is a positive correlation between earnings and risk.For investors,high returns must be accompanied by high risks.Therefore,it is necessary to correctly assess the risks faced by the company in financing,and cooperate with ettective risk management methods to reduce financial risks and improve the company's Managing business capabilities is critical.This paper will start from the actual situation of Baotou Steel Co.,Ltd.,using the relevant theories and research methods of financial risk control,select the data of Baotou Steel's financial statements from 2007 to 2017,and combine the methods of quantitative and qualitative analysis to Baotou Steel.The debt financing risks currently facing the stock are assessed and analyzed.Combined with internal control measures,it provides reasonable suggestions and countermeasures for Baotou Steel Corporation to control the debt financing risks.It will reduce the financial risks faced by enterprises,improve the level of business management and risk prevention,and enable enterprises to continue to develop steadily.
Keywords/Search Tags:Baotou Steel Co.,Ltd., Debt Financing, Risk Control
PDF Full Text Request
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