Financial Risk Management Research For The Investor In The Process Of Dynamic Optimization Of Capital Structure

At present,the socialist market economic system is becoming moreand more perfect,especially the socialist system of financial marketshas enjoyed great development , improvement of the separate legalpersonality of companies to clearly and fully affirmed. The finance hasthe conditions of exercising on the process and the outcome of the capitalmanagement. At this point,how to conduct scientific funding financial,investment decision-making;how to adjust its optimal capital structureof enterprises,improve capital utilization efficiency;how to correctlyassess and minimize investment risks and other issues has become veryconspicuous.Company's capital structure can not only reflect the company'sfinancial risk,but also affect business performance,which is directlyrelated to the investor's income,so the capital structure optimizationstudy on the investor to guard against financial risk plays a key role.To adjust the capital structure is a dynamic process,the so-called optimalcapital structure is a strive for perfectionin the pursuit of the process,optimal capital structure is only a temporary equilibrium,once theenterprises of various factors of production inputs and market conditionschange in the outside world to break this balance,we need to read justin order to maintain"optimal".Enterprises in a rapidly changing,non-continuous market environment,timely adjustment and the effectiveuse of capital structure is the implementation to create and maintain thefinancial source of competitive advantage. Capital structure to changein environmental factors as dynamic optimization,that is,adjusting thecapital structure must be subordinated to the objectives of enterprises,but also with the different stages of enterprise development to adapt.In this paper,citing modern enterprise capital structure theory,whichhas been drawing,combined with the characteristics of Chinese listedcompanies to determine the optimal capital structure , adjust the introduction of dynamic optimization models,and to model the dynamicsof capital structure adjustment as a link to investors and management bythe operators as the background,by the nature of corporate finance,the investor and the financial formed the basis of objectives andcharacteristics , financial risk measurement and management of theinvestor,and perspective in a creative manner proposed. Set up thesupervision of the financial situation of enterprise systems andmechanisms;Set up Analytical Hierarchy Process (AHP) for the financialrisk monitoring index system to urge enterprises to improve the financialrisk control mechanisms, enhance risk analysis and risk awarenesssensitivity realize scientific decision-making,scientific management,and timely risk management , and to determine the optimum capitalstructure,to balance risk and benefits in order to achieve business valuemaximization.