China's Private Enterprises Capital Operation Of Risk Management

Thirty years of reform and opening up, China's socialist market economy has been rapid and healthy development. China's private enterprises is also in this environment have been sufficient under development, the achievements that attracted worldwide attention, but also for China's sustained, rapid and healthy development has made tremendous contributions. However, at this stage can not be called China's private enterprises are still the mainstream of the national economy, profits and tax revenue created is the Chamber can not compete with the state-owned enterprises. The emergence of this situation, not only with the external environment-related private enterprises, private enterprises also reflect their own are still many problems to be solved. Private enterprises in order to use a shorter time scale expansion of enterprises, a substantial increase in the strength of the enterprise, often can not do without capital operation of this powerful tool. Capital Management is the development of market economy to the inevitable product of a certain historical period. Since the nineties of last century, capital operation of private enterprise flourished, including mergers, acquisitions, corporate restructuring, shell, listed shares, holding a series of capital operation mode. To the enterprise capital operation in huge profits, often a vast reservoir of potential risks. However, for various reasons, private enterprises have yet to establish sufficient awareness of prevention of risk capital operations, and the lack of effective ability to resist risks. Therefore, in the process of capital operation, when the company suffered when hit by various types of risk, the risk can not effectively resist and tend to business at risk, trouble. So, in this backdrop, it is necessary to re-examine the perspective of capital operation of private enterprises in the new historical period may face various risks, and explore the effective ways and means of prevention.This paper analyzes the background and significance of thesis, research review and abroad, introduces the thesis of the specific research methods and content. Second, the definition of capital operation, characteristics, as well as private capital as defined in the main way to do such a comprehensive system of theoretical elaboration; then analyzes the development and growth of private capital to the history of private capital in the development process and the limitations embodied in China Private capital participation in capital operation and distribution areas, and in-depth analysis of the risks of private equity type; then Delong Group-once one of the largest private enterprises in China, growing from Delong background, history and development of Aspects involved in the field, in-depth analysis of the Delong's capital operation model to create a financial empire, while operating in the capital of the huge risk of lead to the ultimate collapse of the financial empire. Delong profound reflection mode of operation of the capital, summed up several Delong risk capital operations, including the risk diversification of private enterprises, private enterprises in the financial long-short investment hazards, Deron rhythm unwise investment portfolio and investment and private enterprise production The risk of financial integration, and finally obtained by analyzing the case Delong some useful inspiration for other bigger and stronger commitment to private enterprise operating in the capital to learn the process.Sincerely hope that this guide private enterprises to achieve a correct awareness of risk prevention, and strive to enhance their own ability to resist risks purposes. We should let the private enterprises in China to see its limits, but also encourage private enterprises bigger and stronger, and strive to be able to participate in international competition of the private multinational corporations to improve the international voice for the national economy, rapid and healthy development and create A more brilliant future.