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Discussion On The Dynamic Control Of Venture Enterprise Financial Risk-

Posted on:2013-02-17Degree:MasterType:Thesis
Country:ChinaCandidate:L JiangFull Text:PDF
GTID:2249330371984111Subject:Accounting
Abstract/Summary:PDF Full Text Request
Now, Venture enterprise play an increasing role in the commercialization of scientific and technological achievements, gradually become the main force. To encourage the development of Venture enterprise,the state has promulgated a number of policies, established a number of high-tech Development Zone. Venture enterprise in China can be developed rapidly, have become the most active subjects and active power in the technical progress, and became the transformation of China’s scientific and technological achievements, the creation of new industries into the high-income jobs. Venture enterprise to national economic growth and to absorb the labor and employment, play an increasingly important and irreplaceable role.But, in the increasingly competitive market situation, the external financial environment is growing complexity and uncertainty, as well as within the enterprise for various reasons, Venture enterprise always facing a huge risk, into a business crisis. The greatest impact to Venture enterprise is the financial risk factors. Thus the financial risk control is particularly important for Venture enterprise.At present,the inadequacies of the current financial risk control is:First, less combined with their own classification of the enterprise, Recently begun to be some, also focused on the financial risk control study of listed companies, small and medium-sized enterprises and enterprise groups, financial risk control, rarely associated with start-ups; Second, stage of study is less the different periods of financial risk; Third,mostly just static.Against this background and under the premise, this article intends to study the Venture enterprise financial risk control. In order to enterprise financial risk control as the research object, financial management risk dynamic control model was constructed based on the theory of system dynamics, According to the life cycle of enterprises characteristics of financial risk analysis and control in phases. In this paper, taking the norms of research and theory and practice of combining research methods. Research literature, provide the information; Comparative law analysis of the characteristics of entrepreneurial enterprise; Combination of system dynamics principle the establishment of financial risk dynamic control model; Use case analysis approach to the control model.Based on the enterprise financial risk dynamic control research,One can enrich the financial risk control theory. On the other hand, the enterprise has the following four aspects of help:First, scientific decision-making in the Venture, a correct understanding of the risks and benefits. Second, it helps the entrepreneurial risk awareness, and strengthen internal control and management. Third, it is conducive to entrepreneurial enterprises to optimize their capital structure, emphasis on asset quality, strengthen the management of the assets to maintain liquidity of the assets. Fourth, it helps to promote start-ups to play a greater role in the national economy.The paper is divided into five parts. The first part,Introduction. Mainly described the research background, research significance, domestic and foreign literature review and comments on the financial risk control, the research ideas, methods, and the basic framework. The second part, Overview of the theory of Venture enterprise financial risk and control. This chapter focuses on Venture enterprise define and describe the characteristics of entrepreneurial enterprises, The causes and feature of Venture enterprise financial risk. The feature of Venture enterprise financial risk control and The content of Venture enterprise financial risk control.The third part, The idea of Venture enterprise financial risk dynamic control. This section describes the idea of the dynamic control of the financial risks of Venture enterprise,mainly from two aspects: The one hand, according to the life cycle to determine the stage of dynamic control. On the other hand according to the principle of system dynamics to determine the path of dynamic control.The fourth part, The establishment of Venture enterprise financial risk dynamic control model. This part,after describing the principles and methods of the dynamic model and the establishment of the variable, construct the basic dynamic model With Vensim software. Phases on the basis of the life cycle of the Venture enterprise, build a dynamic model. At the same time, for testing the authenticity and validity of the dynamic control model of Venture enterprise financial risks.The fifth part, The application of financial risk dynamic control model in China Star Venture. In order to Huaxing venture as the object, structure more in line with business entrepreneurial enterprise financial risk control dynamic model, the model is applied to Huaxing venture, from the star business life cycle than the longitudinal and the internal relations of the model to dynamically control the financial risks.In this paper, based on the life cycle stages and introducing system dynamics to determine the financial risk dynamic control path of the two combination to study the Venture enterprise financial risk dynamic control. Through the case to prove, dynamic control on enterprise financial risk is more comprehensive and more targeted.
Keywords/Search Tags:Venture Enterprise, Financial Risk Control, Dynamic Control
PDF Full Text Request
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