Study On The Control Of The Financial Risk In Power Enterprise

Under the circumstance of marketization, companies are faced with a variety of internal andexternal uncertainties. The occurrence probability of operational risk rises constantlyespecially companies are often faced with the financial risk of affiliate enterprise economicartery. For the enterprises themselves, financial risk is objective existence and happensconsequentially。Therefore, the research on the prevention and control of financial risks havealready been in the limelight of experts in different fields, enterprise operator andadministrator. The effective prevention and control of enterprise financial risk is the key tokeeping continuing operations of the enterprise.The electric utility industry plays a very important role in China’s economicdevelopment. And With the development of a series of reforms promoting，it changes theexisting organizational structure of the enterprise to a large extent. Some of the new financialrisks are also constantly exposed. The managers of the power industry attach greatimportance to the financial risk. Financial risk experiences a gradual accumulation andtransformation process. So does the power industry. In the process, a variety of risk factorsreflected some sensitive variability of financial indicators directly or indirectly. Therefore, bystudying the changes of the financial indicators and establishing financial early warningmodel can prevent financial risks effectively and ensure the development of enterprisesoperating in good condition.From the theory of financial risk, this paper combined with the characteristics of theelectric power enterprise, it select financial indicators to build enterprise financial earlywarning model, and uses the actual data to test the applicability. It proposes to adapt thefinancial risk control mechanism and the measures of the financial risk prevention andcontrol in deed. It can prevent and eliminate the potential risks of corporate finance in orderto ensure the companies’ financial systems and management system is in good runningcondition. The first part of the article describes the research significance, the research trend athome and abroad, the main content, the research methods and the desired effect. The secondpart mainly is the theoretical basis for prevention and control of financial risk, Including thedefinition of risk, and the risk of electric power enterprise performance, characteristics andthe reasons. The third part is to design the electric power enterprise financial risk preventionand control system, building models of financial risk and crisis monitoring. The fourth part is to use actual data to test the feasibility and effectiveness of financial early warning model.The fifth part is the study of the typical cases of electric power enterprises, It is concludedthat revelation and make system and measures. The sixth part is the summary and outlook.