2009Journal of Jincheng Institute of TechnologyRequires access

The Causes of the Financial Risks and the Avoidance Strategies

Yan-dong LI

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Abstract

The Enterprises' financial risks are the uncertainties or possible losses resulting from the corporate borrowing.At present,China's enterprises have already entered a period of high financial risks and the developmental trend is worrying.Thus,the task of preventing and resolving financial risks has been increasingly becoming urgent.Financial risks may arise from a variety of reasons,externally and internally.However,scientific financial budgets can strengthen the enterprise's abilities to control the cash and financial risks as well.

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The Enterprises' financial risks are the uncertainties or possible losses resulting from the corporate borrowing.At present,China's enterprises have already entered a period of high financial risks and the developmental trend is worrying.Thus,the task of preventing and resolving financial risks has been increasingly becoming urgent.Financial risks may arise from a variety of reasons,externally and internally.However,scientific financial budgets can strengthen the enterprise's abilities to control the cash and financial risks as well.

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Available abstract

The Enterprises' financial risks are the uncertainties or possible losses resulting from the corporate borrowing.At present,China's enterprises have already entered a period of high financial risks and the developmental trend is worrying.Thus,the task of preventing and resolving financial risks has been increasingly becoming urgent.Financial risks may arise from a variety of reasons,externally and internally.However,scientific financial budgets can strengthen the enterprise's abilities to control the cash and financial risks as well.

Key concepts: Business, Financial risk, Finance, China, Variety (cybernetics), Cash, Control (management), Economics

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