Research On Financial Risk Management Of Petrochemical Enterprise A

The globalization and internationalization of the market economy have shown an irreversible trend.When enterprises engage in production and operation activities in the market,the environment is complex and changeable.If an enterprise lacks the ability to identify,assess and respond to risks,there will be problems in the management of financial risks,which will affect the healthy and sustainable development of the company.Once an enterprise could not control its financial risks,it would fall into a financial crisis or even go bankrupt.The petrochemical industry plays an important role in the development of the national economy.Identifying the financial risks of petrochemical enterprises and taking corresponding measures to reduce financial risks will promote the development of the petrochemical industry and make a significant contribution to the national economy.Therefore,the leaders of petrochemical enterprises should have a full awareness of financial risks and construct financial risk management systems internally.This paper takes the company A as the research object,and summari zes the research on financial risks by scholars at home and abroad,and briefly introduces the research background and significance.By expounding the theoretical basis of financial risks,the definition of financial risk in this paper is defined,and the relevant theories of financial risk management are explained.Then,under the actual situation of the company A,the financial risk identification is carried out around the financing,investment,operation and income distribution of the enterprise,and the financial risks are analyzed in combination with the financial data.In addition,this paper uses the data of petrochemical listed companies and related financial risk indicators to construct the model of financial risk assessment of the company A by the factor analysis method,evaluating the entire financial risk situations of the company A and listed petrochemical companies,and then analyzing the financial status of the company A in the whole industry.On this basis,this paper provides targeted suggestions for the control of financial risks of the company A,to help it perfect its financial risk management and improve financial risk management capabilities,thus laying the foundation for the future development of the company.