Research On Financing Risk Control Of WB Petroleum And Chemical CO.,Ltd

Recent years,the government was committed to economic transition,converting from investment and manufacture drives to service oriented and consumption dominated,which brought opportunities for the Petroleum and Chemical corporate rebound.In the favorable environment,the Petroleum and Chemical corporate financing issues became more promine nt,especially small and medium-sized companies.The development of enterprises was restricted and the financing difficulties of Petroleum and Chemical corporate was aggravated due to the external environment factors such as financial market environment,relevant policy.This severely hinders the development of the domestic Petroleum and Chemical industry.Based on the company's financing risk control as the research core,WB Petroleum and Chemical Company as the research object,this paper will put forward specific solutions through analyzing the company's financing risks and existing problems of financing risk control.After reviewing the research status at home and abroad,this paper will clear the financing risk control on the basis of the definition,process,and classification.While,detailed analysis was carried out on the WB Petroleum and Chemical company's financing conditions and find the company's existing problems of financing risk control measures.Then put forward the financing risk control sche me,with the target and the principle of the foundation.Firstly,this paper identifies financing risks of WB Petroleum and Chemical Company by inducing the main financing risk factors.After the risk identification and risk assessment to the company,11 financial indicators will be selected as the company's financing risk assessment standards;also the expert scoring method will be adopted to conclude the risk assessment model.According to the weight size,this paper will determine the financial indicators which the company should focus on.Lastly,this paper put forward specific improvement scheme for WB Petroleum and Chemical Company,and finally,this paper set up related protection measure.