Author(s)

Hongwen Song ¹, Li Han ¹

Affiliation(s)

¹ Qufu Normal University, Rizhao, 276826, Shandong, China

Corresponding Author

Li Han

ABSTRACT

Under the background of fierce market competition, the low financial operation efficiency and risk control ability of state-owned enterprises are not conducive to the survival and growth of state-owned enterprises. This paper attempts to start from the problems of financial management of state-owned enterprises, analyze the reasons for the generally high risk of financial management of state-owned enterprises, and put forward targeted prevention and control measures, in order to lay a theoretical foundation for the financial reform and development of state-owned enterprises, promote the transformation process of financial management of state-owned enterprises, improve the efficiency of financial management of state-owned enterprises, maintain the economic status of state-owned enterprises and promote China's economic development.

KEYWORDS

State owned enterprises, Financial management, Risk, Cause of formation, Control measures

CITE THIS PAPER

Hongwen Song, Li Han. On the Causes and Control Measures of Financial Management Risk in State-Owned Enterprises. Industrial Engineering and Innovation Management (2021) 4: 61-65. DOI: http://dx.doi.org/10.23977/ieim.2021.040210.

REFERENCES

[1] Xu Xiuxia. Discussion on how to prevent financial management risks of state-owned enterprises [J]. Accounting study, 2016 (12): 54
[2] Hao Xianpeng. Analysis on risk prevention measures of financial management of state-owned enterprises under the new situation [J]. Management and science and technology of small and medium-sized enterprises (zhongxunjian), 2017 (10): 56-57
[3] Xiong Zhiling. Analysis on risk prevention measures of financial management of state-owned enterprises under the new situation [J]. Accounting study, 2017 (16): 58-59
[4] He Changqun. The important role of financial management of state-owned enterprises in internal risk control [J]. China market, 2021 (20): 132-133

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