Research On Risk Identification And Preventive Measures Of Logistics Finance Business Of Y Company

The global financial crisis that broke out in 2008 led to a sharp drop in demand for steel in China,and steel prices plummeted,followed by frequent incidents of steel trade transactions.In the steel trade transactions involving multiple parties,the state-owned logistics enterprises have suffered a huge loss far from the income after the risk event due to insufficient risk awareness and no sound risk management system.Identifying the potential risks of state-owned logistics companies in related businesses and establishing targeted prevention and control measures is a major problem to be solved.In 2006,Y Company launched the logistics finance sector as the main steel trade business.It is one of the earliest large-scale state-owned enterprises involved in steel trade transactions.It is representative in the industry.This article takes Y company as the research object and adopts case analysis method.Literature research methods,quantitative research and other methods,research and explore the risk problems in the company's steel trade business process,in-depth analysis of the reasons,provide a theoretical basis for effective control of steel trade business risks.Firstly,through the literature analysis method,it analyzes the related research of logistics finance at home and abroad in detail,analyzes the shortcomings of current research at home and abroad,proposes the key issues of research based on the reality and theoretical background,and clarifies the research content and research methods of this paper.On this basis,the related concepts and theoretical foundations involved in the research are reviewed.Secondly,the system reviews Y company's steel trade transaction business development process.In the context of logistics finance,it identifies the potential risk factors at different levels from the market level and the operational level through the cooperation stage from the business development to the implementation management stage.Thirdly,the identified risk factors are scored by experts,and the comprehensive evaluation method of entropy weight method and GI method is used to construct the risk evaluation index system of steel trade transactions,and the risk of steel trade transactions is quantitatively analyzed.The results indicate the risks.The degree of the order is personnel risk,enterprise management risk,and operational risk.The specific risk factors are the high-level management ability of the company in the personnel risk,the Lunscientific credit rating system among the enterprise management risks,and the regulatory environmental risk in the operational risk.Finally,based on the research results and the actual development of the company,the corresponding preventive measures are proposed to establish a steel trade early warning system to reduce the occurrence of risk events.Based on the analysis of the actual situation of the company on the risk characteristics of steel trade business,this paper further determines the degree of influence of risk factors on the business,and proposes preventive measures more specifically.The research in this paper can prepare steel for Y company to re-develop.The trade business provides a certain theoretical basis for risk prevention.