Research On Enterprise Financing And Risk Administration Problem Of Binhai New Area Where Economic Grows Rapidly

It has been 30 years from china reform and opening up in 1979. The SAR model of economic development, represented by the Shenzhen Special Economic Zone and Pudong New District, has made remarkable achievements and promote the Pearl River Delta and Yangtze River Delta economic region. Tianjin Binhai New Area was defined as the engine to start the new development period of the Bohai Sea economic zone by the State in 2006.This paper will find how to provide theoretical support to solving the bottleneck of financing for the construction of the New Area.The first chapter focuses on home and abroad papers about the relationship between regional economic development and the level of financial development. From the theoretical analysis, we can see that the fund is the power source of regional development. More than just financial scale, the financial channels and the financial system also play an important role. Then, Summary an overview of the field of classical risk financing papers, drawing on the essence of the text for later use. Chapter II, Analyze the strengths and weaknesses of financial system of Korean, the Shenzhen and Pudong. Learn the successful experience of risk prevention system of the financing.The above study of the ultimate goal is to solve the specific problem of corporate finance in Tianjin Binhai New Area. Thus, the third chapter analyses the real status of corporate finance in New Area. The rapid economic development is bound to need the support of a lot of money. However, Tianjin Binhai New Area is lagging behind the level of financial development, financial contributions to the lower rate, and the financial structure of a single, horizontal less than the overall force poor. Chapter IV, Reference from the field of domestic and foreign-related theoretical research results, we analyze the concept, characteristics, effects and measurement methods of financing risk. After studying the main types of financing risk of enterprises in New Area, i use the revised Z-scoring analysis method to measure the Listed Companies financing risk level in the Tianjin Binhai New Area. Additionally, give analysis of the causes.Finally, based on successful experience from South Korea, Shenzhen and Pudong, combined with the rapid economic growth of Tianjin Binhai New Area, I design a more effective and stronger financing system, which can broaden the financing channels and to guard against the risk more sensitively.