Research on financial risk management of W group
Abstract
Financial risks is the core risk that enterprises need to deal with and solve.Therefore,
the study of financial risk management is the inevitable requirement of perfecting
enterprise management, it is also an inevitable trend of the development of financial risk
management theory. The main purpose of financial risk management is to realize the
maximization of enterprise value with the minimum financial risk cost. The main means is
to establish an effective financial risk prevention system. The financial risk identification,
evaluation, analysis and response of energy-type manufacturing enterprises have some
particularity. In the context of national economic restructuring, address overcapacity
inventory and bolster areas of weakness group and other major steel groups put forward
new issues of financial risk management. Its production and operation activities will
directly affect the internal and downstream related enterprises and environment of the steel
industry. Therefore, during the production and operation of the group, the risk factors for
financing process, investment process and operation process should always be concerned,
identify the problem, Take effective countermeasures, hard work on the short slab, We can
achieve sustained and stable development.
This paper researches on the financial risk management of W group. First, it analyzes
the background and significance of enterprise financial risk management, and summarizes
the current research situation of financial risk. Second, the concept and theory of enterprise
financial risk management are summarized. The definitions, classification and forming
factors of financial risk are introduced, this paper lays the foundation for the research.
Thirdly, through specific risk identification and evaluation model, The financing risks,
investment risks and operation risks of W group are identified and evaluated. Finally, this
paper puts forward the countermeasures of risk in financing, investment and operation of
W group. It also adopts the risk control of strengthening the debt service, the establishment
of the financial risk control system and the construction of the financial risk warming
system.

Keywords: Financial risk; risk prevention; financing channels; iron and steel group