Title :
An Empirical Analysis on the Causes and the Management Status of Credit Risk in Enterprises´ International Operation
Author :
Hong Mei ; Wang Hongruisi
Author_Institution :
Sch. of Finance, Shanghai Lixin Univ. of Commerce, Shanghai, China
Abstract :
With the advance of economic globalization and the reinforcement of international trade liberalization, it is an inexorable trend to conduct international operation for Chinese enterprises. In internationalization process, except for political risk, market risk, Chinese corporation, exchange rate risk and culture risk, Chese enterprises also face serious credit risk. So, it is necessary to manage credit risk. In view of these, in this paper, we firstly analyzed the causes of credit risk in enterprises´ international operation, and then according to some data which come from Xin Huaxin´s research report and our work team´s investigation report, we conducted an empirical analysis on management status of credit risk in enterprises´ international operation.
Keywords :
financial management; industrial economics; international trade; risk management; Chinese corporation; Chinese enterprise; credit risk management; culture risk; economic globalization; empirical analysis; enterprise international operation; exchange rate risk; international trade liberalization; internationalization process; market risk; political risk; Business; Cause; Credit Risk; Empirical Analysis; International Operation; Management Status;
Conference_Titel :
Business Intelligence and Financial Engineering (BIFE), 2011 Fourth International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4577-1541-9
DOI :
10.1109/BIFE.2011.11