Research Of Financial Risk Control On XM Company

Abstract:Began in2009, due to the macroeconomic environment, the impact of economic down turn, the current number of enterprises are facing unprecedented challenges, global consumers are cautious on consumer spending. In the environment of market economy, especially with the great impact of global financial crisis, the business growth of most enterprises comes to be slow. In order to push business growth and gain more market share in such a fierce competitive environment, enterprises gradually come to be the main body of market competition. The risks enterprises face, especially the risk of financial risk control, become the great challenges to the healthy development of enterprises. Therefore, to enhance the financial risk control has become a very important part in modern enterprise operation and management.Based on the background of current status and actual needs of XM enterprises’financial risk control and taking the financial risk control measures of XM enterprises as the main objective of study, this thesis begins with the basic theory of financial risk control of enterprises and carries out a series of systematic study of the related problems involved in XM enterprises’financial risk control. While focusing on the theoretical research, this thesis tries to reveal the regularity and specificity of the enterprises’financial risk control through empirical studies, so as to integrate theory with practice and to make the study of the measures of enterprise financial risk control to be more pertinent, practical and instructive.This paper consists of six chapters, main content of each chapter as follows, Chapter one is mainly about background, significance, research status, ideas and framework of financial risk, etc; Chapter two demonstrates basic theory of corporate financial risk, and described the basic theory of corporate financial risk, including risk definition, essence of financial risk, definition and feature, risk definition, measures of control; Chapter three makes an brief introduction of firm XM, problem analysis and its reason by questionnaire; Chapter four, perfected XM financial risk control measure from different aspects, such as budget control, investment and financing control, funds management. Chapter five mainly analyzes the performance of XM financial risk control from quantitative and qualitative points, the result indicated that XM got substantial improvements in controlling of financial risk. Chapter six is the research conclusions and future research direction.