The Research Of Investment Risk Management System Of Enterprise Group

Enterprise group, with parent and subsidiary companies as the main body, with property right relations and the productive and business operative cooperation as the link, and composed of multitudinous enterprise organization, is a kind of interests association formed on the basis of the high developing of modern enterprise. With the enterprise group developing in our country, investment activities play a more and more important role. As investment risk lies in both internal and external investment, it is particularly significant to strengthen enterprise group investment risk management. In recent years, certain incidences were frequently occurred that enterprise failure or loss happened due to improper or out of control in investment risk. These significant events, together with that of Erie shares, Skyworth digital, Sichuan chang hong etc, make people rethink on the enterprise internal control and risk management; and how to strength the investment risk management has become a big problem of the enterprise.In view of the realistic problems of enterprise group investment risk management, this paper quotes the latest results of the principal-agent theory, systematic theory, enterprise warning theory, integration theory, management control theory and risk management theory. Based on predecessor's research, this paper intensively studies the problem of modern enterprise group investment risk management, so as to establish a modern enterprise group investment risk management framework, which lies through the management process, and composed of the main body, the goal, the procedures and the methods. There are seven chapters in this article, specific as follows.Chapter 1 is introduction which tells the reason for choosing this topic and the meaning of this article. It also points out the content and the method of the research, the development of the article's structure, and the definition of some critical terminologies.Chapter 2 is overview of the research. It summarizes and comments the current situation of the researches on management control and the investment risk management of enterprise group.Chapter 3 is analysis of current situation of investment risk management of enterprise group. It introduces the characteristics of the investment risk management of enterprise group in our country by collecting related data, and points out the problems as well as the causes in the risk management with some cases.Chapter 4 is theoretical research of investment risk management of enterprise group. This article introduces the theory of the investment risk management of enterprise group from the aspects of theoretical basis and fundamental theory.Chapter 5 is structure of the investment risk management of enterprise group. This article points out the direction, principle, basis, and the thread of the structure, then it suggests building an integrated structure of the investment risk management system for enterprise group. The article describes the system from the aspects of subject, objective, process, and method.Chapter 6 is the application and assurance of system of investment risk management of enterprise group. In this chapter, it mainly introduces the application and assurance of the implement of the system with the success of enterprise group L.Chapter 7 is summarization. This chapter mainly summarizes the conclusion and the limitations of this research.This paper analyzes the investment risk management of enterprise group and benefits both theoretically and practically. The theoretical significance of this paper lies in its breaking previous studying rules. This paper's prospective of studying investment risk management is neither a single enterprise nor a specific program. Instead, it takes a view of enterprise group and systematically studies objectives, procedures and methods of the investment risk management system before, during and after the investment activities of modern enterprise group. This paper expands the perspectives of risk management research and proposes a creative method to study investment risk management of modern enterprise group, which further provides a direction of systematical study of investment risk management from the angle of enterprise group. Practical value of this article is reflected in both the micro-level and the macro-level. On the micro-level, this study facilitates enterprise group to construct sound investment risk management systems, which reduce investment risks and improve the efficiency and effectiveness of risk management. It promotes the sustainable and healthy development of China's enterprise groups, and helps to prevent the loss of state-owned assets and improve their maintenance and increment ratio. On the macro-level, the improvement of investment risk management of enterprise group helps to reduce investment risks (especially investment risks of overseas mergers and acquisitions), increase the efficiency and effectiveness of investment and enhance the overall strength of enterprise groups, which further enhances China's competitiveness in the world economy and promotes the building of an economic power.