On Risk Management Of Chinese Securities Companies

In modern economy society, especially the securities industry, the risk is a barrier that people have to work hard to avoid and overcome. In the securities industry that with high risk, the securities companies, which are playing the role of investors and middlemen, and service providers as well, are confronting with much serious challenges and potential hazards. Therefore, to protect and dissolve from financial risks are important task for the securities companies. Currently, China's securities market is characterized by "emerging + transition," does not have the mature markets of features and capabilities, the China Securities Company and the issue of universal complexity of operating risks are often closely linked with the social risk (about social stability). In terms of the securities companies, securities companies, their risk management capability is the core competitiveness of an important component of the only effective risk management can guarantee the normal income. In terms of risk management, although the current securities companies in China have done a lot of useful attempts, but compared to countries in the developed capital market risk management of securities companies, there is still a certain gap. With the opening up of capital markets and securities companies end of the work in the innovation and development of China's securities companies has put forward higher requirements.So how foreign securities companies in mature markets an effective risk management experience, grasp the risk management of securities companies to the development trend of China's national conditions suitable for the construction of a securities company risk management models for improving risk management of China's securities companies to provide recommendations, not only in theory, with the significance of, and a more significant value to guide practice.From risk management, beginning with the theory first risk management theory formation process, both at home and abroad conducted the literature review and data analysis; Then on the domestic and foreign securities companies risk management with the status quo in the form of a case comparative analysis, summarized by China's securities companies on risk management insight. In analyzing China's securities companies after the special causes of risk for China's securities companies risk management, and improved organizational structure, the building suitable for China's national conditions in general risk management system, the last of China's securities companies to further improve the work on risk management policy recommendations.First, this innovation lies in using the latest securities company risk management cases were analyzed, the risk management analysis of the current situation in China provided strong proof; The second reason is the cause of China's securities companies risk of the peculiarities of the current securities companies risk management framework for improvement; Third - Analysis of the internal and external environment on the importance of risk management company, to further improve China's securities companies risk management policy recommendations.In research methods, the main methods used summarized analysis, case study analysis and comparison method, empirical research methods. What is the risk management of securities companies, the risks and in the concept of risk management analysis, the characteristics of securities companies with securities companies on the concept of risk management analysis summarized. In the text adopted by Chinese and foreign securities companies with the typical three as a case for analysis, concrete analysis of their situation and the risk management model and compared. The quantitative model of risk analysis, empirical analysis methods adopted.The full text of the five most logical structure. The first part briefly introduced domestic and foreign securities companies on risk management and related research an important contribution to the results. The second part of the risks of securities companies, securities companies in China are analyzed and the risks faced by special causes. The third part to the analysis of the case and contrast methods, domestic and foreign securities companies on risk management actuality of China's securities companies risk management gaps and problems, then summed up the foreign securities companies risk management theory and practice of China's reference and inspiration. The fourth part will focus on analyzing China's securities companies now risk management in the framework of the issue and related recommendations for improvement, the construction of China's securities companies in general risk management system. Part V view of the risk management of the securities companies, securities companies in the internal risk management of the environment and the external environment on the two proposed policy recommendations.