Research On Financial Risk Origin And Countermeasure Of Group Company

With the development of economic globalization and the rapid transformation of economic growth mode of China(changed from the extensive mode into intensive one),group companies in the development process gradually exposed a serious problems,such as corporate governance structure disorderly,corporation governance management system dysfunction,financial regulation is not in place,and so on.These questions often lead group company resources waste,inefficiency,debt burden,or even bankruptcy.Among problems,the inadequate financial supervision that company must face the main risk is the greatest harm to the company in current development.Group company financial risk is a kind of uncertainty risk caused by kinds of factors,which may generate abnormal return of the future income,and lose the ability to pay the debt.Many research and reality show that many the exposed problems of the group companies are the external manifestations of financial risks.When company's financial risks obtain enough warning and effective control,the company will enter a virtuous development sustainable;On the contrary,when the company's financial risks have not been timely prevention and control,the company's development will get into more trouble.With the analysis group financial risks of research status at home and abroad and the research achievements of previous literature analysis,the paper attempts to analysis the symptom of financial risks from the financial cycle activities and no-financial cycle activities,and then find out the formation characteristics of financial risks.Base on it,we can analysis the reasons of financial risks from its internal and external and put forward corresponding suggestions.Finally,take Guangxi JT for example,exploring causes of the group's financial risk formation,and summed up the corresponding measures.The purpose is with the combining theory and practice that let the intangible financial risk emerge and analysis by the actual case,in order to seek a scientific and reasonable prevention and control measures for group company financial risk,to promote the healthy development of the group.