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
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