Innovation Of Financial Management Of Foreign Trade Enterprises In The Post-crisis Era

Since2008, the U.S. real estate bond market suffered since the credit crisis and theoutbreak of the global financial crisis, foreign trade enterprises by lack of demand in majormarkets in Europe, the U.S. and Japan, have been impacted to varying degrees.International trade under international settlement commonly used mode of remittance,collection, credit, credit settlement, and by the impact of the global financial crisis,exchange rate volatility increased, dollar, euro, yen depreciation the adverse effects arisingdue to the global financial crisis has brought a large number of the population isunemployed and a serious decline in purchasing power, resulting in China’s foreign tradeenterprises overseas market seriously diminished; On the other hand, as the domestic takefor the global financial crisis the introduction of a series of policies to stimulate as well asthe reform of income distribution program development, the domestic market is asignificant recovery in a corresponding rise in the prices of domestic labor, this objectiveextent exacerbated the labor costs of foreign trade enterprises, resulting in foreign tradeenterprises into a rise in the cost of domestic manufacturing, foreign market malaise doublenegative pattern, from a financial point of view, the foreign trade enterprises face the plightof foreign markets debt can not be repaid, this dilemma is bound to a serious threat tobusiness operations, the article focuses on the impact of the financial crisis especially onthe impact of foreign trade enterprises, as well as how to strengthen the financial risk management of foreign trade enterprises in this financial crisis to make the correspondingcountermeasures and suggestions.Credit risk, foreign exchange risk, settlement risk, cash flow risk, risks ofanti-dumping and other major foreign trade business financial risk brief, depth and detailedanalysis of the causes of risk, risk awareness, the establishment of risk managementinstitutions, to develop risk management personnel, the establishment of an effective riskprevention mechanism, learn financial instruments for hedging and other risk preventionmeasures, and enhance the core competitiveness of enterprises, to protect the interests ofthe enterprise and national economic security.The first chapter is the introduction, the chapter analyzes the research background andsignificance of this paper, after the outbreak of the financial crisis, some new problemsencountered in the financial management for these new problems, to further improve thefinancial management strategy, in this chapter, but also introduced domestic and foreignresearch results quoted in this article, as well as the research method, mainly based onqualitative research.The second chapter outlined the financial crisis and the financial risk theory, thischapter is mainly talking about the concept of the global financial crisis in2008, as well asthe data of SMEs in Guangdong to point to face a detailed description of the impact of thefinancial crisis on SMEs in China, In addition combined with papers, elaboratedknowledge of the financial risk management theory. For foreign trade enterprise financial risk management, including credit, settlement,foreign exchange and cash, due to the outbreak of the financial crisis, these four pointshave been particularly important, especially the balance sheet, how to ensure the paymentin place of export enterprises, is a very important issue, the chapter looks at the use of theknowledge of the international settlement, pointed out that the current foreign tradeenterprise financial risk management issues.Fourth foreign trade enterprise financial risk prevention and countermeasures, focusedon the issues listed in Chapter III, made answer, including the issue of credit risk,settlement risk issues, the issue of foreign exchange risk, and cash risk issues, make thepreventive suggestions and strategies to provide general guidance to prevent financial risksfor SMEs affected by financial crisis since.The fifth chapter is a detailed description of a case to the foreign trade enterprisesshould be how to avoid financial risks.The concluding section for corporate financial risk management put forward afive-point, hope to help prevent financial risks for small and medium-sized enterprises.There are many articles of the research enterprise financial management innovation,but the financial crisis and the financial risk management of foreign trade enterprises is stillvery scarce, this paper focuses reveal the financial crisis from the perspective of aprofound analysis of the financial crisis, the impact of foreign trade enterprises, and on thisadverse circumstances, to study how to turn crises into opportunities enterprises will be the main risks facing dig deep, and gives relevant policy recommendations and provide theappropriate measures. This is the innovation of this study.