Reconstruct The Basic Framework Of Company’s Financial Risk Management

The company’s financial risk management is the most important part of company’s financial management and corporate risk management. At present the company’s financial risk management framework for theory development is not very mature, so reconstruction of company’s financial risk management framework is very urgent.Reconstruction of company financial risk management framework needs to solve three problems:the first problem is what is the company’s financial risk management framework; the second is to knowing the company’s financial risk management framework theory present situations; the third is how to construct a new company’s financial risk management framework.In this paper, the train of thought is from the company’s financial risk management elements and logical relations perspective two aspects to solve the first problem in above paragraph; and on the basis of in the answer to the first question analysis and evaluate finance risk management framework theory; then on this basis, from the view of system the establishment of a new company financial risk management basic framework constructed from:finally discusses the company’s financial risk management system in the framework of the identification, assessment and response method, and selects the real case to explain.In this paper, the study focused on the method of normative research, in particular with the methods of materialist dialectics as the fundamental. System view method is to use a system view and approach of dealing with things, think namely " system={behavior or function=relationship or structure [element’s attribute (element)]|environment} or S={Y=F [A (X)]|E}", and in accordance with the system’s five basic component properties and their interrelation analysis and optimization system and method.This paper is divided into three parts:introduction, theory, theory development. The first chapter, design the company’s financial risk study on basic framework of plan and organize the company’s financial risk related theory. The second part theory, the third chapter company financial risk management and basic framework. The third part theory development, focuses on the company’s financial risk identification, assessment and coping methods of structure. Includes chapter fourth financial risk identification method of structure, chapter fifth corporate finance risk assessment method for the structure, chapter sixth corporate finance risk response and frame summary.The main contribution of this paper is to build the company’s financial risk management framework from the viewpoint of system, and construction of a dynamic loop the company’s financial risk management system, specific volume contributions are the following four points:The firsy is to build the company’s financial risk management framework, put forward company financial risk is financial system state view,The second is structure of the company’s financial risk identification method from the company’s financial system of internal and external factors and the overall mechanism angle, for the understanding of company financial risk factors and mechanisms that provide distinct levels of qualitative methods.The third is structure of company financial risk assessment method from local to the whole, for the company’s financial risk quantitative analysis provides a new train of thought.The forth is from the view of system structure the company’s financial risk coping methods, for the company’s financial risk management practice provides a new guidance method.