Study on the Causes and Countermeasures of Enterprise Financial Risk

In the environment of fierce competition, the financial security of enterprises becomes extremely important. Enterprise financial security is a key issue in enterprise operation, which directly affects the survival and development of an enterprise. Therefore, enterprises should always pay attention to their financial situation, improve risk awareness, and establish a sound financial risk prevention system. Business management should take appropriate action to respond to changing domestic and international trends. This paper analyzes the financial risk of the company, and studies preventive measures according to the analysis results to reduce the financial risk of the company and improve the market competitiveness of the company in the challenging competitive environment, so as to provide guarantee for the sustainable development of the company.

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Publication Details

Journal
Frontiers in Business Economics and Management
Published
2024-08-15
DOI
https://doi.org/10.54097/9gb49013
Primary Topic
Banking, Crisis Management, COVID-19 Impact
Type
article
Field-Weighted Citation Impact
0.00
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article

Study on the Causes and Countermeasures of Enterprise Financial Risk

Guanlin Liu, Lina Sha
Frontiers in Business Economics and Management
Banking, Crisis Management, COVID-19 Impact
article

Study on the Causes and Countermeasures of Enterprise Financial Risk

Guanlin Liu, Lina Sha
article en

Abstract

In the environment of fierce competition, the financial security of enterprises becomes extremely important. Enterprise financial security is a key issue in enterprise operation, which directly affects the survival and development of an enterprise. Therefore, enterprises should always pay attention to their financial situation, improve risk awareness, and establish a sound financial risk prevention system. Business management should take appropriate action to respond to changing domestic and international trends. This paper analyzes the financial risk of the company, and studies preventive measures according to the analysis results to reduce the financial risk of the company and improve the market competitiveness of the company in the challenging competitive environment, so as to provide guarantee for the sustainable development of the company.

Frontiers in Business Economics and ManagementVol. 16(1)
Mongolian University of Science and Technology (MN), Mongolian University of Life Sciences (MN), National University of Mongolia (MN)
Openalex Percentile: Top 74%
Banking, Crisis Management, COVID-19 Impact
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