Bankruptcy Of Private Enterprises In Wenzhou Financial Problems And Countermeasures

Wenzhou is China’s most economically developed areas of private, Always have,"China Electric Capital" China Auto with all "Chinese shoes are" so called. In Wenzhou, where dozens of national production base in the region on behalf of China’s economic development entities, But under the influence of the global financial crisis and monetary tightening in recent years, there are still some reimbursement usury business owners can not afford to escape, so that these moments of Wenzhou enterprises faced with the phenomenon of bankruptcy. As of February2012, the Wenzhou enterprises in question, including the closure of the main people responsible for lost contact or a total of more than200missing. Wenzhou Economic once brilliant, there are many reasons, making the company one after another collapse.The basis of private enterprise financial bankruptcy of the related concepts defined, respectively, from the theory of financial risks, financial crisis theory, the theory of financial leverage, financial constraints theory perspective of the theoretical basis of corporate financial bankruptcy, making the enterprise bankruptcy persuasive analysis. After the theoretical foundation from financial bankruptcy of private enterprises in Wenzhou phenomenon and consequences start to identify the causes of the problems and analyze. Youyi Wenzhou area Junya Group, for example describes the problem of corporate bankruptcy and financial analysis, the revelation. After analyzing the causes and cases of these proposed that the Government should strengthen the management of private enterprises, the government should enhance service awareness, improve private enterprise credit environment,regulate private financing markets,companies should strengthen their financial management knowledge to learn and improve private enterprises a series of measures of financial risk awareness, establish a correct concept of debt management companies to promote moderate debt, optimize capital structure, abundant financing channels, enhance the independent innovation capability.Meaning through the bankruptcy of private enterprises in Wenzhou research to improve the financial status of Chinese private enterprise financial management and promote the healthy development of private enterprises, have an important role to achieve the prevention of financial bankruptcy of private enterprises in Wenzhou purpose.