Research On Financial Risk Management Of C City Investment Corporation

Local government financing platforms appeared in the background of local governments' big construction.In the past few years,it has solved a lot of money demand for our country's economic development and relieve the contraction in the mismatch of the power and authority at levels.However,in the recent years,as the problems of borrowing too much,the irregular procedure of borrowing,incomplete approaches to accounting,government out of debt,etc stood out,our local government financing platforms started to face large financial risk.It even has seriously affected our local government's financial status,fiscal sustainability and stability,hampering our economic healthy development.Therefore,from the year of 2010,our country started to regulate local government financial platforms and make their transformation.In that way,under the new time and background,how to solve the problems of financial control and prevent in local government financing platforms has become to a question which needs to be further studied.In order to more accurately understand the present situation of China's local government financing platform and the main financial risk,and on the basis of it,provide effective the financial risk control and prevention measures can be used for reference,this paper has sorted out the overview of China's local government financing platform,the development present situation,the main problem with financial risk,summed up its existing financial risk control and preventive measures,and on this basis discusses the corresponding improvement suggestions.After summing up the general problems and putting forward the solution,this article adopted the analysis of case study method,selectingC City Investment Corporation as typical research target to do a research on China's local government financing platform research of financial risk manage and control.Firstly,this article analyses C City Investment Corporation general situation of the overview,characteristics and background;Secondly,this paper creatively combines macro,meso and micro aspects of the influence factors of C City Investment Corporation to do financial analysis;subsequently,this paper corrects the general corporate financial risk early warning model,and take government level of financial indicators as lessons,using the Delphi Method and AHP(analytic hierarchy process)to design the financial risk early warning model that is suitable for C City Investment Corporation.These measures provide new train of thought for the scientific,comprehensive and system of the construction of the local government financial risk early warning model.Through the study of the case,this article puts forward the feasibility suggestions for C City Investment Corporation's financial risk control and prevention,it has verifies the universality of the proposed suggestions for improvement of reliability and validity in the local government financing platform of existing financial risk control and prevention.All in all,this article lays a solid foundation for our local government financing platforms' healthy development.