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The Research Of Prior Control Methods In Financial Rriskpor State-owned Construction Enterpris

Posted on:2012-12-24Degree:MasterType:Thesis
Country:ChinaCandidate:X H YuanFull Text:PDF
GTID:2249330374491023Subject:MBA
Abstract/Summary:PDF Full Text Request
The factors that lead to the financial risk of the state-owned constructionenterprises mainly from two aspects: internal and external aspects of the enterprises.External factors mainly refer to the increasing cost of the construction, stricterstandard of environmental protection, severe competition of architecture market, hugedestruction of all kinds of factors, price, monetary policy, interest rate and exchangerate, etc. Internal factors briefly lie in four aspects, that is, decision-making,management, staff and financial problems. In addition, the period of constructionprojectis another important cause to financial crisis of construction enterprises.As for how to prevent and control financial risk, scholars both at home andabroad have made much detailed and meaningful research from the perspective ofmany aspects. These include establishing financial prevention and warningmodels,strengthening corporation government, constructing scientificdecision-making system, adopting certain approaches of distributing, avoiding andtransferring risks to prevent financial risk. As the project is the whole income ofconstruction enterprises and the main constitution of monetary output, and it isimportant and urgent for the state-owned construction enterprises to improve projectmanagement and control project risk, the paper put forward that we should establishproject-central system of financial risk prevention and control.There are three main ways to solve the problem. The first one is the uncertaintyanalysis of construction project. The second one is the risk management of constructionproject. The last one is to establish project risk prevention and control system accordingto schedule. We should make the construction project profitable as much as we canthrough doing well in bidding and quoting of the project, raising capital, carrying outconstruction contract, managing construction cost and other procedures. By doingthese, we can prevent financial crisis of the enterprises eventually.The paper also holds that strengthening the motivation and restriction system andquickening the construction of talented staff of the enterprises have profoundinfluence on the prevention and control of the financial crisis of the state-ownedconstruction enterprises.
Keywords/Search Tags:Financial Risk, Risk Prevent&Control, Protect Risk, Uncertainty
PDF Full Text Request
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