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Research On Financial Risk Management Of M Construction Enterprise

Posted on:2021-01-22Degree:MasterType:Thesis
Country:ChinaCandidate:H M MaFull Text:PDF
GTID:2392330623973901Subject:(professional degree in business administration)
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When enterprises are engaged in economic activities,they are faced with many uncertain factors and lack of understanding of economic laws and market changes,which may cause potential financial risks and directly or indirectly affect the survival and development of enterprises.Due to the particularity of the industry in which the construction enterprise is located,it involves huge capital,takes a long time to work,and faces more complex and changeable financial risks.Therefore,it is necessary to effectively improve the financial risk management ability,proactively identify various potential risks,conduct risk assessment and prevention and control,and control the financial risks within the acceptable scope of the enterprise.Based on the relevant basic theories of enterprise financial risk management and the existing research results of domestic and foreign academia,this paper takes the financial risk management of M construction enterprises as the research content and conducts a systematic study on the identification,evaluation and control of their financial risks.Based on the analysis of the M construction enterprise general situation,the M enterprise’s profit ability,debt paying ability,operation ability and development ability is analyzed,and identify M the type of construction enterprise financial risk,including the financing risk,investment risk,management risk,the impact on the financial risk factors are analyzed from internal and external two aspects.This paper holds that the external influencing factors of the financial risks of M construction enterprises include political factors,economic factors,social factors and technical factors,and the internal influencing factors include the lag of the financial risk management mode,the asymmetry of internal information,the weak awareness of financial risk,and the imperfect internal supervision mechanism.This paper USES analytic hierarchy process and expert scoring method to systematically evaluate the financial risk of M construction enterprises.Based on analytic hierarchy process(ahp)of M building construction enterprise financial risk evaluation,according to the results of M enterprise overall financial risk is high,investment and risk management is most prominent,reflected in the profitability andoperating capacity index is not ideal,specific include return on total assets,return on net assets,main business profit margins,accounts receivable turnover and "two gold" and so on.Finally,according to the existing financing,investment and operation risks of M construction enterprises,and comprehensive risk assessment indicators,the corresponding countermeasures are given.
Keywords/Search Tags:construction enterprise, financial risk, risk identification, risk evaluation, risk prevention
PDF Full Text Request
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