Research On Financial Risks Of Port Enterprises In Transformation And Upgrading

At present,the world economy is still in a difficult recovery,and the port industry is in a steady growth period, so the market competition is increasingly fierce. Under the dual pressures of the market demand transformation and corporation transformation, the implementation of transformation and upgrading is the only way to enhance quality and efficiency. To improve the transformation and upgrading of port enterprises, we should further improve the risk prevention awareness and ability. Based on the deep analysis of port enterprises operation in the new normal situation, this thesis studies the international advanced risk management concept, carries on the identification and analysis of the financial risks of the port enterprises transformation and upgrading, puts forward the novel enterprise financial risk management control ideas,and provide reference for the financial risk management of port enterprises.First of all, based on the existing theoretical research results, the actual work experience of port enterprises and the understanding of port business management,this thesis analyzes and summarizes the financial characteristics of traditional port enterprises and the corresponding financial risks. On the basis of this, through the summary of the contents and direction of the transformation and upgrading of the port enterprises, the three aspects of the transformation and upgrading of the port enterprises are as follows: expanding the scale, integrating the resources, expanding the financial characteristics of the new business, analyzing their own unique financial risks, and put forward the corresponding risk coping strategies.Secondly, in the process of research on the risk response strategy of port enterprises’ transformation and upgrading, this thesis draws on the international advanced risk management concept - COSO ERM framework, puts forward that "taking financial risk management as the core, taking investment and business activities as the guide, stratifying level set up, including the group, the main body of industrial operations, operating units and other subjects at the level of "cross to the edge, to the end," the full range of financial risk management system, "the general idea. Through the risk identification,risk response and a series of risk control activities,the enterprise investment and operational activities corresponding to the risk to be quantified, and reduced to a controlled degree, for the port business transformation and upgrading process of the largest risk of expanding new business direction, The paper puts forward the calculation method of enterprise capital gap and the mechanism of emergency fund reserve by referring to the measurement method and risk identification and measurement model of financial capital core capital and venture capital in Basel Agreement.Finally, the research ideas of this thesis are applied in a group enterprise in Tianjin Port, and achieved good results. Through the construction of risk management and control system with capital as the core, the awareness and level of risk management are improved, which is better for port enterprises to achieve the transformation and upgrading laid the foundation.