Research On The Capital Chain Risk And It's Control Of MA Group

Private enterprises are accompanied by China's reform and opening up to grow up,they are typical of Chinese characteristics with the privatization of enterprises.They are in the process of development,the need to face a lot of environmental degradation,the system is not fair,lack of capital and other issues,in seeking business survival,development and business scale breakthrough at the same time,it is easy to neglect the internal system and process control.Similar to the internal governance deficiencies,excessive investment expansion,excessive diversification,excessive use of financial leverage,and weak sense of risk and so on.Private enterprises own these problems,restricting the steady development of private enterprises and sustainable growth.This paper chooses the MA Group as the object of the case study,reveals its problems in the process of fund raising,capitalization,capital operation and capital recovery,and finds the cause of the problem from the external and internal factors of the enterprise,and then the risk of private enterprise capital chain Control to provide control program.This is of great significance to the application of theory and practice.In this paper,the purpose of this paper is to use the literature search method,PEST analysis method,case analysis method and on-site observation method.The MA group company is selected as the object of research and analysis.In the whole process of MA chain On the basis of the enterprise to deal with the risk of capital chain control strategies and safeguards.Firstly,it expatiates the background and significance of the research,describes the risk of capital chain faced by private enterprises,and makes a detailed review of the theories and literatures related to the risk of capital chain,and explains the research contents and research methods.Secondly,through analyzing the background and current situation of MA Group,this paper analyzes the financial chain performance of MA Group at all stages,analyzes its risks in the aspects of capital raising,capitalization,capital operation and fund recovery.In both internal and external factors for analysis.The external factors influencing the risk of capital chain are mainly: imperfect policies and policies,sluggish economic environment,imperfect financial system and so on.The internal factors influencing the risk of capital chain are mainly: internal governance is flawed,it is limited by family management,lack of technological innovation ability,blind investment expansion,poor operating cost control,poor fund raising strategy,over-use of financial leverage and weak risk consciousness Wait.Finally,the author puts forward the concrete measures to improve the risk control mechanism of the capital chain of the MA Group and reduce the risk of the capital chain in the aspects of the risk of the MA chain,the pre-prevention,the control and the post-feedback.Through the analysis of the problems existing in Company A,it is found that the risk management principles and concrete measures of the capital chain are of great significance to enhance the financial management ability of domestic private enterprises,strengthen the management of capital chain,avoid the breakage of capital chain and improve the efficiency of capital use.Reference function.