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An Empirical Study Of Financial Strategy Risk Evaluation Method

Posted on:2011-08-10Degree:MasterType:Thesis
Country:ChinaCandidate:M XuFull Text:PDF
GTID:2189360302998651Subject:Accounting
Abstract/Summary:PDF Full Text Request
With the economy integration prosess is accelerating.Competition intensified, companies have to seek better development path, resource is intergrated in the world wide."Strategy" has been developed since 70s of 20th century. With the strategic developing for such a long time, "Strategy" has been accepted by the people. Financial strategy is one part of enterprise's overall strategy.and now it is also received the majority of current scholars and corporate executives. financial strategy mainly relates to financial strategic decision,So it belongs to the area of Financial Management.From the formulation of the strategy to the implementation of the strategy,risk will exist all the time. including financial strategy, there will be risks of financial strategy, "Risk" means a kind uncertainty of a gain or loss. Correctly analysis the risk factors of the financial strategy.and how to evaluate the risk of financial strategy are very important to prevent corporate financial strategic risk.After defining the financial strategy, strategic management, risk management and strategic risk theory, In this paper, Analytic Hierarchy Process, AHP analysis, qualitative and quantitative analysis are used to assess financial strategy risk. Firstly this article explains the definition and characteristics of the financial strategy and strategic risks.Then based on the domestic and international study in risk factors for strategic,and a lot of study in risk factors of financial strategy,We summarizes the risk factors of financial strategy are:financial strategic environment, financial capabilities, financial capital, organizational structure and efficiency, the quality of financial management person, corporate culture and financial flexibility.Then we use the principle of physics "trigger" to describe the formation mechanism of the financial strategy risk, then the use of AHP analysis,build index system factors of financial strategy risk.In the end we use them to evaluate the risk of financial strategy.
Keywords/Search Tags:Financial strategy, strategic risk, the riskof financial strategy
PDF Full Text Request
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