经管学院论文--企业财务风险的分析与控制--外文翻译.docVIP

武汉理工大学2010届本科生毕业论文 Research on Financial Risk Management System and Discussion Andrew·chon International Finance Manager Center Abstract: Enterprise financial risk is the financial activities of enterprises in the whole process, due to the uncertainties caused by loss of business opportunities and possibilities. Financial risk management throughout the entire process of production, this article analysis on the internal and external factors impact on the enterprises financial risk. Keywords: business financial risk internal factors external factors 1. Internal Factors 1.1 Operating decisions. The success of business strategy usually depends on whether the use of properly. Overall business decision for enterprise development and business activities to establish the main goal is the focus of corporate management, the core and fundamental task is to improve the economic efficiency of enterprises services. Relationship between business decisions and strategies of enterprises and policy, operations and management,market development and marketing, technical development and investment, resources development and utilization, product development and pricing and risk prevention and other issues, the failure of policy‐making enterprises into financial difficulties will often . For example, the diversification of the blind is not only conducive to business development strategy of expansion in the external core competencies to cultivate new, but may originally have lost competitive advantage. If the new project occupied the main advantage of the funds can not bring corresponding benefits, it will wear down the main advantage, and eventually lead to a lack of funds within the enterprise as a whole that fall into financial difficulties. Another example is the blind result of financing capital structure decision is irrational, prone to lead to high financial leverage, negative effect, and will put a heavy debt burden of enterprises are faced with due to their inability to refinance