• DocumentCode
    3172804
  • Title

    Research on enterprise risk control information system: The case of CIC

  • Author

    Dai, Liyan

  • Author_Institution
    Sch. of Int. Trade, Dongbei Univ. of Finance & Econ., Dalian, China
  • fYear
    2011
  • fDate
    8-10 Aug. 2011
  • Firstpage
    4723
  • Lastpage
    4726
  • Abstract
    With the rapid development of economic globalization and investment diversification, enterprises are facing an increasingly complex international operation environment. When gradually expand the scale of investment, at the same time, enterprises have to bear more risk during operation. In this paper, we constructed an enterprise risk control model based on the COSO framework with the case of CIC. Furthermore, with the application of information technology, we established the enterprise risk control information system. With the help of a comprehensive enterprise risk control information system, CIC could reduce risk and loss suffered by foreign exchange assets diversification due to inadequate control, and finally reach the purpose that obtain higher risk-adjusted return on long-term investment.
  • Keywords
    financial data processing; foreign exchange trading; globalisation; investment; risk management; CIC; COSO framework; China Investment Corporation; complex international operation environment; comprehensive enterprise risk control information system; economic globalization; enterprise risk control information system; foreign exchange assets diversification; information technology; investment diversification; risk reduction; Control systems; Guidelines; Information systems; Investments; Object recognition; Risk management; CIC; enterprise risk control; information system;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Artificial Intelligence, Management Science and Electronic Commerce (AIMSEC), 2011 2nd International Conference on
  • Conference_Location
    Deng Leng
  • Print_ISBN
    978-1-4577-0535-9
  • Type

    conf

  • DOI
    10.1109/AIMSEC.2011.6010527
  • Filename
    6010527