Agricultural and Biological Sciences
3 years ago

Uncontrolled Financial Risks Threaten Companies with Bankruptcy and Liquidation

2021 2nd Asia-Pacific Conference on Image Processing, Electronics and Computers
Enterprise Financial Risk Management and Control
Junhong He, Ke Ma

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Financial risk management is crucial for companies to ensure long-term success. With the rise of market dependence, companies face increasing financial risks that can lead to crises and even bankruptcy. This study identifies various financial risks companies encounter and suggests effective strategies to control them. By strengthening financial risk management, companies can secure their financial stability and pave the way for sustainable growth.