Title :
On financial risk and its control
Author :
Xing, Zhen ; Hu, Xing
Author_Institution :
Econ. & Manage. Coll., Henan Polytech. Univ. (HPU), Jiaozuo, China
Abstract :
Financial risk, in a abroad sense, including owners´ financial risk and operators´ financial risk, consists of financial strategy risk, financial behavior risk and financial environment risk. Financial risk control should comply with two basic principles, i.e. effective balance between financial leverage and operational leverage, rational collocation between financial risk control measures, risk avoiding, risk self-insuring, risk preventing, risk shifting, risk diversifying, risk hedging and so on.
Keywords :
financial management; risk management; strategic planning; financial behavior risk; financial environment risk; financial leverage; financial risk control; financial strategy risk; operational leverage; control; financial leverage; financial risk; operational risk;
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
DOI :
10.1109/AIMSEC.2011.6011013
