房地产上市公司财务风险影响因素研究.pdf

在当前宏观调控背景下，对控制房地产上市公司的财务风险提出相关建议也有一 定的现实意义。 关键词：房地产企业；财务风险；风险控制 II 万方数据 Abstract Real estate industry develops rapidly over nearly 30 years in OUr country and becomes an important pillar industry．However，、^，ith the rapid development of industry and the market‘‘bubble”intensifies，the financial risk of real estate industry has attracted more and more attention．Financial risk is the important issue which we must face in the process of risk management in enterprise，it not only relates to the sustainability of the development of the enterprise，but also indirectly affects the interests of investors and creditors，etc．Ineffectively financial risk control may lead to serious financial crisis，eventually lead to bankruptcy,and it also will have an impact on the economic stability of countries and regions．Recently,studies on the influence factors and control of the fmancial risks have been hot issues in the acadernic research． In this paper,drawing from the basic theory of financial risL we system analyze the influence factors of financial risk in real estate listed companies，and has carried on the empirical analysis to test hypothesis，then put forward some suggestions according to the results of the study．Thus，the research on the antecedents of financial risk and the measUres puts forward to control the financial risk are significant for managers， investors and the government． This paper contains six parts．The first part is the introduction．This part summarizes the research background and research significance，the domestic and foreign scholars on issues related to research dynamic，research ideas and methods and research innovmion and inadequate．The second part is the theory and the definition of relevant concepts．Basic theories of this paper include principal—agent theory,the risk control theory and the economics theory．The third part mainly introduces the current financial risks of real estate listed corporations，basing on the theoretical analysis of the financial risk influe