Research On Capital Chain Risk And Control Of XX Private Enterprise Group

In recent years,the private enterprises in our country have become more and more important on the stage of the economic market.They have not only created a large proportion of fiscal and tax revenue,but also solved the employment problem of a large number of people,and contributed greatly to the development of our national economy.Capital is the blood of an enterprise group,which is very important to the operation and development of enterprise group.Capital chain is the basic revolving capital chain to maintain the normal operation of enterprise group.In the private enterprise group,the failure of enterprise operation is often caused by the fracture of the capital chain.Many private enterprise groups in our country do not pay attention to the management of capital chain risk,the unreasonable capital management model,inperfect early warning mechanism of risk of capital chain,blind diversification expansion,excessive financing,insufficient risk control and so on.All these bring great financial risks to enterprise groups.Therefore,it is of great practical significance to analyze the risks in the capital chain management of private enterprise group in China,find out the causes of these risks,and put forward the risk management scheme of private enterprise group.This paper selects the XX private enterprise group as the research object.Firstly,the paper introduces the current situation of fund chain management,and analyzes the risks of fund raising,investment,operation and recovery based on the capital turnover.Secondly,the paper analyzes the reasons of the risks in the capital chain management of XX enterprise group.It is concluded that the group has not established an effective fund management model and a risk-oriented capital chain control system.Finally,according to the problems and reasons in the management of XX Group's capital chain,a series of optimization schemes are put forward.It is considered that the Group needs to establish an effective fund management model,then establish a risk oriented capital chain management system and risk management early warning system.Through the case study of XX Group,this paper can provide reference for the risk management of its capital chain,and also have reference for other private enterprises.