A Study of Financial Risks of Listed Manufacturing Companies in China
نویسنده
چکیده
Financial risk is an objective phenomenon in economic activities. It has received extensive attention in theoretical and practical fields. For each company and operators in the market economy, the financial risk is an objective existence. The manufacturing industry as a pillar industry of China’s economic development, occupies a large proportion in China’s listed company. However because of the characteristics of its own manufacturing and the increasingly fierce market competition, some manufacturing listed companies went to bankruptcy because of financial risk crisis, so the research on manufacturing listed company financial risk has a very far-reaching significance. With the development of society, the financial risk is becoming more and more complex. This theory will combine research results and empirical analysis, define the concept of financial risk in manufacturing enterprises, use listed Chinese manufacturing companies as the research object, to analyze the cause of financial risk on the basis of reasoning analysis. This article aims to put forward measures to deal with financial risks, according to the Chinese manufacturing industry development situation, using both internal price control mechanism construction and financial risk management mechanism to protect the interests of stakeholders.
منابع مشابه
The Impact of Rational Governance on the Financial Performance of Industrial Companies Sample (Pharmaceutical Companies) Listed in Amman Stock Exchange
The study aimed to determine the impact between rational governance and financial performance on a sample of pharmaceutical companies listed in the Amman Stock Exchange. The questionnaire was used to collect data, where (200) inquiries were received (170) valid for statistical analysis were excluded (10) where used in Analysis process (160) of the total questionnaires distributed and to achieve...
متن کاملInvestigating the Moderating Role of Competitive Strategies on the Impact of Supply Chain Integration on the Financial and Operational Performance (Case Study: The car manufacturing industry in IRAN
The increase of international competition motivated most of the organizations to create useful shared mutual cooperation with supply chain partners since they understood that cooperation and collaboration of supply chain partners is the prerequisite for the increase of reliability level and the decrease of risks and also the enhancement of innovative qualities and profitability of the companies...
متن کاملThe Effect of Audit Quality on Costs Stickiness in Manufacturing Companies Listed in Tehran Stock Exchange
One of the most fundamental presumptions of management audit shows that change in costs is in fir correlation with increase and decrease in activity level. However, this assumption is discussed with considering the cost stickiness by Anderson et al. it means that the amount of increase in costs with the increase in activity level is more than reduction in costs per same amount of reduction in a...
متن کاملThe Effect of Financial Development on the Investment of the Companies Listed on the Tehran Stock Exchange
The present study examined the impact of financial development on the investment of the companies listed on the Tehran Stock Exchange. To achieve this goal, data gathered from 258 companies during 2005 to 2016 and the dynamic generalized method of moments were utilized to formulate the investment model with financial constraints. The results of the study showed that these companies faced financ...
متن کاملBank- Firm Relationships: The Case of Iranian Listed Companies
Since the main source of finance for the Iranian manufacturing firms is the bank loan, the bank-firm relationship plays an important role in their performance. In effect, firms with decent financial potency regularly have a better chance to access high-quality and less costly finances. In this paper, we investigate the bank-firm relationship and its determinant factors by using a unique databas...
متن کامل