2009•인하대학교 정석물류통상연구원 학술대회Requires access

Risk Management of Small & Medium-Sized Enterprises in Financial Crisis

Wenzhao Wang, Wenbing Wu, Wencheng Wang

Abstract

Small & medium-sized enterprises, which take up 99% of the total number of the in our nation, have been playing a very important role in keeping sustainable development of our national economy. Among them, the export-oriented processing trade are severely influenced by the financial crisis triggered from USA, which reveals that our small & medium-sized enterprises weakness in risk analyzing, risk control and management. This article takes small & medium-sized in Pearl River Delta Region and Ningbo as examples to analyze the risk these face in financial crisis and to propose some related solutions.

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Key concepts: Business, Small and medium-sized enterprises, Financial crisis, Risk management, Face (sociological concept), National economy, Finance, Control (management)