Research On The Causes Of Operational Risks And Management And Control Strategies Of Hohhot Pei'en Pawn Co., Ltd

Since the reform and opening up,with China's market economy's further mature and developmment of state-owned banks,private loan business cannot meet the growing needs of financing.By the end of 2010,there're 4,433 pawn companies,which issued total hock money of 180.1 billion yuan,accounting for about 2.5%of the loans of the bank in that year.The speed of the development and scale of capital register of the hock enterprises have had an unprecedented prosperity.Hock industry,which plays a key role in the development of small and medium-sized enterprises,has become the green channel to the fast,convenient and quick fanancing.However,a higher risk is coming with such convenient money service,a kind of management risk in the emergency finacing service malpositioned with bancks.But the systemetic prevention from the risk has not formed yet till now in China.With the combination of some some documentation and the empirical analysis,and personal experience in pawn Hock Co.LTD,this passage is talking about causes of manegement risks in nowadays hock industry and some strategies in prevention and control.Hohht Peien Hock Co.LTD,a regional pawn starting from a stated-owned enterprise,is a typical example for my passage.By analysing the company's challenge and threat,advantages and disadvantages,I put forward some management and prevention measures suitable for our company,which may become some kind of reference to the company's development.Strategic management theory is applied to this passage,including using the SWOT as a tool of strategic analysis.