Research On Financial Risk Management Of Listed Corporations

In recent years, due to lack of financial risk management system, many listed corporations operates with financial crisis, which threatens corporate governance, leads the corporations to withdraw from the market and even bankrupt. As the financial situation of listed companies in China is particular in some aspects, the traditional financial risk management theory can not be used to solve the problem directly. That is the reason why this paper select financial risk control as the topic of master thesis.According to the sequence of "theories - current situation - reasons -countermeasure", the paper consists of four parts which are as follows:Chapter 1 theories review and summarize, which introduces the concept of financial risk management, and the relevant research results.Chapter 2 is about the current situation of the listed corporations' financial risk in China, particularly ST corporations. The financial risks of listed corporations in China are analyzed in detail.Chapter 3 analyses the reasons of financial risks of listed corporations in China from the points of subjective and objective view.Chapter 4 is the high lights of the paper. This part is about the countermeasures, which bring forward the ideas and principles of strengthening financial risk management. The paper gives some advices to strengthen financial risk management for listed corporations in China, including the optimization of capital structure, the integrated management of investment activities and the control of cash flow, and some other aspects.