| OBAOR is short form for "One Belt and One Road",which refers to the "Silk Road Economic Belt" and the "21st Century Maritime Silk Road". It’s an important development strategy and framework proposed by our new government based on the change of economic environment. OBAOR has brought lots of opportunities and challenges, especially the investment risks on the process of walking out. Therefore, how to control and prevent these investment risks means significantly for "Going-out" enterprises.This paper is based on the background of OBAOR strategy, analyzing the investment risks as the key research object. By constructing the system frame of investment risks, the paper aims to explain the internal mechanism between investment risks that going-out enterprises are facing and the formation of various investment risks. This paper will put forward effective countermeasures to improve the quality and efficiency of go-out enterprises’investment.This paper mainly consists of five parts. The first is the introduction part. At this part, the main research background, research significance, research methods, ideas and research framework will be presented by a brief introduction. At the second part, it will mainly analyzes the opportunities and challenges that go-out enterprises are facing under the OBAOR strategy. At present, the OBAOR strategy is still in the implementation and improvement phase. It has created a favorable environment for enterprises to walk out by taking advantage of the chances and opportunities.For opportunities, this paper mainly analyzes the strategic opportunities and advantages that OBAOR brings on channel navigation, infrastructure, energy construction, commercial tourism and information industry. For challenges, it mainly analyzes and discusses aspects of market competition, politic economy and security risk etc.The third part is going to deeply analyze the investment risks and the system of co-building investment risks which enterprises are faced with. Firstly, defining investment risks of go-out enterprises from micro-level and macro-level and dissecting them from 4 aspect including enterprise itself, competition, mother country and social responsibility. At the forth part, it presents the results and conclusion based on the former part’s analysis and puts forward corresponding countermeasures and solutions from 4 levels consisting of enterprise itself, competition, mother country and social responsibility. The fifth is the conclusion part, in which a number of valuable conclusions can be drawn according to the previous 4 parts.According research, it finds out that the investment risk is the key factor and restriction for an enterprise’s way to success. The formation and occurrence of any investment risk is often caused by lots of factors and comprehensive influences, and many go-out enterprises’ investment risks are caused by careless investment strategy decisions. Therefore, at the stage of going out, it is very important for an enterprise to enhance the dynamic risk tracing and evaluation system for pre-investment strategic decision making and investment completing.This paper analyzes the risks which enterprises are faced with based on OBAOR, systematizing the theoretical connotation of investment risk and provided enterprises with practical and referable suggestions and solutions to seize the OBAOR strategic investment chance. There’s no denying that many shortages do exist in this paper. For example, the absence of quantitative research may lead many results and conclusions are least convincing. To conquer this shortage is the direction of further study and research. |