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The Financial Risk Management Of The Wind Power Corporate Financing

Posted on:2017-05-20Degree:MasterType:Thesis
Country:ChinaCandidate:R H AFull Text:PDF
GTID:2309330488985476Subject:Accounting
Abstract/Summary:PDF Full Text Request
At present, China has become the world’s second largest economy and needs the energy industry’s full support of the moment. However, the increasing depletion of fossil fuels has greatly restricted the further development of China’s economy. In this context, China can only choose to develop the wind power industry to gradually get rid of the fossil energy’s shackles. Although wind power enterprises have a broad space for development, but the enterprise development path is not smooth. The enterprise survival space facing many challenges, the enterprise financing problem is one of the main manifestation. The reasons for a total of four points:1. wind power companies market share is low.2. wind power technology is not mature. 3.that most of the wind power companies are still in the primary stage of development. 4.wind power enterprise financial index system needs to be further improved. If you want to avoid risks, first of all need to measure and evaluate the financial risk of wind power enterprise financing. At present, there is little research on the financial risk of the wind power industry and less on the part of equity trading. If we want to study the financing and financial risk of wind power enterprises, it is necessary to establish a sound risk control system. The fundamental measure is to build a financial risk assessment index system. That will be able to effectively early warning of financial risks and ensure the smooth operation of enterprises.This paper analyzes the current financing methods and financing obstacles of wind power enterprises in China, identifies the factors that cause problems, and sets up a set of index system which is strong, including quantitative indicators and qualitative indicators. The system not only contains the traditional corporate finance indicators, but also has the characteristics of wind power enterprises themselves and the external environment of the financial indicators. We put the entropy method and catastrophe progression method to construct the wind power enterprise financing model of financial risk. Application of catastrophe progression model in the evaluation of new energy wind power enterprise financing capacity. It will provide a certain reference for the financial risk assessment of wind power enterprises.
Keywords/Search Tags:Financial analysis, Financial risk, Risk management, Wind power enterprise financing
PDF Full Text Request
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