• DocumentCode
    3170174
  • Title

    Risk management on the financial difficulties of listed companies

  • Author

    Jin-feng, Li

  • Author_Institution
    Sch. of Econ., Henan Univ. of Sci. & Technol., Luoyang, China
  • fYear
    2011
  • fDate
    8-10 Aug. 2011
  • Firstpage
    615
  • Lastpage
    618
  • Abstract
    By employing a comparative analytical approach in this study, the author puts forward that, the financial difficulties of listed companies should not only endanger their own survival, but also harm the interests of their investors, creditors employees and other stakeholders, and have serious influence on the nation and society as well, and once listed companies run into financial difficulties, they should take active actions to improve their operation and management efficiency based on the actual situation of the company, such as reintegrating management, restructuring assets, and restructuring debts, which will provide theoretical guidance for lifting the financial difficulties of the company on one hand, and allows the company in financial difficulties to reduce their losses to minimum on the other. And finally, he concludes that, only by understanding the financial difficulties and their causes, and determining, predicting, avoiding and getting rid of the financial difficulties according to their signs, can listed companies be able to completely prevent the financial crisis and protect the interests of shareholders and creditors.
  • Keywords
    financial management; risk management; comparative analytical approach; creditor employee interest; financial crisis; financial difficulties; investor interest; listed companies; management efficiency; risk management; stakeholder interest; Companies; Control systems; Investments; Marketing and sales; Production; Profitability; Financial Difficulties; Listed Companies; Management; risk;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Artificial Intelligence, Management Science and Electronic Commerce (AIMSEC), 2011 2nd International Conference on
  • Conference_Location
    Deng Leng
  • Print_ISBN
    978-1-4577-0535-9
  • Type

    conf

  • DOI
    10.1109/AIMSEC.2011.6010398
  • Filename
    6010398