Research On Financing Risk Evaluation And Management Strategy Of Y Company

Innovative small and medium-sized enterprises play a strategic leading role in China's economic development and are the backbone of promoting the rationalization and upgrading of the National Economic industrial structure.The reform of the "new three-board" market has brought new opportunities for the development of small and medium-sized enterprises in China.However,the current situation is that after the "new three boards" are listed,the SMEs lack a special and targeted financing risk evaluation system in the process of using the new three boards for financing.Therefore,starting from the characteristics of the new three-board listing enterprise,firstly by studying its existing financing methods and the problem of financing risk management,we can create a scientific and effective index system for evaluating the financing risk of the new three-board listed enterprises.Then carry out the evaluation and put forward the corresponding management strategy to the enterprise financing risk according to the evaluation result.This is an urgent need for investors to judge the financing risk of new three-board listed enterprises,improve the financing efficiency of new three-board listed enterprises,and reduce the funding cost.This paper takes the innovative enterprise Y,which is financing in the new three-board market,as the research object and makes use of the concept and theory of financing risk.Firstly,according to the basic situation of Y company,it analyzes the existing financing methods and existing financing risk management strategies,and identifies the financing risk from the internal and external aspects;Secondly,on the basis of reviewing a large number of documents,the author synthesizes the characteristics of various evaluation methods and their applicable conditions,and finally chooses to combine AHP and fuzzy evaluation methods,set up a financing risk evaluation system that includes 6 secondary indicators such as management risk,market risk,technical risk,and employee quality,etc.,and analyze the evaluation results.Finally,according to the evaluation results,the corresponding management optimization strategy is put forward from two aspects: internal risk and external risk.It is hoped that it will help to reduce the financing risk of Y company,improve the company's ability to resist risk on this basis,and provide some reference for the new three-board listed enterprise management authority to prevent and control financing risk.