Basic Theory And Theoretical Structure Of Financial Risk Management

< p > < strong > 1, the basic theory of financial risk management and < a href= "//www.sjfzxm.com/news/index_c.asp" > theoretical structure < /a > /strong > /p >

In recent years, China has made some research on the basic theory of financial risk, such as financial risk, financial risk management, basic characteristics and functions of P.

Because of the late start of the theory of financial risk management in China, and the inability to get rid of the influence of our traditional financial concepts and research methods, the degree of attention and the degree of digestion of different decades of research abroad have made it difficult to reach a consensus on the basic theoretical issues of financial risk management. For example, in the study of the concept of financial risk, there has been a broad and narrow argument. There are differences between the basic characteristics of financial risks and the basic functions of financial risk management.

< /p >

< p > first, we must make great efforts to draw lessons from foreign empirical research methods to carry out financial risk research.

Foreign risk theory research mostly adopts the empirical method. However, in China, more qualitative and normative research methods are used, resulting in vague concept, easier to establish and summarize concepts and characteristics, and no support for financial risk management theory, which can not guarantee the logicality and consistency of theory, and is difficult to stand the test of time. It will mislead people to study the direction of financial risk management.

This requires us to combine qualitative and quantitative, normative and empirical research methods in the study of financial risk theory, so as to enhance the verifiability and reliability of the research results.

Secondly, in the research of basic theory, we should pay attention to studying and applying the widely applied correlation or structural research method in western financial management research, that is, to carry out the research on the theoretical structure of financial risk management.

Theoretical structure is an organic theoretical system which is composed of basic theoretical elements and interrelated and interrelated elements.

The theoretical structure of financial risk management is an organic system composed of elements and elements of financial risk management.

The real value of theoretical research lies in the clear existence of various phenomena, elements and the relationship between these phenomena and elements, that is, the so-called relevance.

Whether or not we can clearly understand the relationship between the various elements and elements of financial risk management determines the scientificity, clarity and effectiveness of the theory and method of financial risk management.

Such as financial risk management objectives, financial risk management essence, functions, financial risk management elements and the relationship between financial risk management procedures and methods.

For example, the modern financial theory of the United States revolves around the objective function of maximizing the value of the enterprise, and systematically analyzes and studies the correlation between various financial decisions, such as investment decisions, financing decisions and business value, and constructs a coherent financial structure with logical consistency and integrity.

Taking objective as a starting point for relevance research has become an important and widely used method of financial management and economics research in international academia.

Since the 1950s, there have been a lot of related researches in the US financial management circle. For example, the correlation between many papers and the value of the company has fundamentally changed the outlook of financial management, making financial management one of the mainstream components of modern economics.

Fully absorb the research results of foreign financial theory, pay attention to practical and scientific methods in the basic theory of financial risks, take a detours, achieve consensus and achieve unification, so as to promote the in-depth study of China's financial theory.

< /p >

< p > strong > two, financial risk less than a href= "//www.sjfzxm.com/news/index_c.asp" > management education < /a > /strong > /p >

< p > the enhancement of financial risk awareness and the improvement of financial risk management depend on extensive risk management education.

The current situation of risk management education in the United States and the United Kingdom is similar. There are a lot of risk education courses in each university, and many universities emphasize financial oriented risk management education.

Financial risk management has now become an important part of financial theory courses in universities and colleges.

Such as Pennsylvania University of the United States, Temple University, Georgia State University and New York insurance college, the University of England, the City University and University of Nottingham.

In addition, changes in risk management positions, establishment of risk management associations, examination of professional certificates for risk management, Journal of risk management and risk management books are similar in the US and the UK.

The risk manager titles of the two countries have replaced the outdated insurance managers with the expansion of their scope of responsibility and the upgrading of their ranks. Many risk management associations and risk management colleges have made great contributions to the enterprise risk management affairs and professional certificate examination system. Among them, the global risk professional association of the United States holds professional certificate examinations for financial risk managers annually, and many associations and associations publish journal journals on risk management, and publish a large number of financial risk management books.

Influenced by foreign risk education, although some universities in China are offering risk management courses, there are few, especially financial risk management courses. The gap between professional titles examination and publishing books is still very large. First, China's financial risk management research started relatively late, and its impact on risk education started late.

Two, from the point of view, people have not fully realized the special importance of financial risk management education. Three, there is no corresponding association or institute, without corresponding duties, qualification examination and other supporting measures, which directly affects the development of financial risk education.

< /p >

< p > with the acceleration of the internationalization of China's economic development and the intensification of competition among enterprises, China's education needs to train a large number of accounting talents with strong risk awareness, competition consciousness and innovative consciousness as soon as possible.

Therefore, we must change the backward situation of financial management risk education. In addition to actively learning from abroad, we should take measures to set up risk management associations and associations at all levels, and set up risk management qualification examination as soon as possible in the qualification examination. In terms of university education, we should study the contents and methods of risk management education, and study the form and means of risk management education.

In the education of diploma, we should set up the course of financial risk management separately, adopt case teaching method, let teachers and students combine with practical workers to collect cases together, and enhance the practicability and effectiveness of theoretical teaching.

In the follow-up education of financial and accounting personnel, we should strengthen the study and discussion of financial risk management.

< /p >

< p > strong > three, < a href= "//www.sjfzxm.com/news/index_c.asp" > financial risk < /a > culture research < /strong > /p >

< p > China's financial risk management research has been limited to methods and procedures. Even in the study of financial culture, the study of financial risk culture has been neglected. This is a weak link in the study of financial risk management in China.

Foreign risk theory has subjective constructivism, and risk culture is a social cultural phenomenon.

In fact, it is undeniable that risks are constructed by people's specific cultural and social factors. Risks vary with different people and different cultural and social backgrounds, and financial risk culture is no exception.

Different countries, different nationalities, different enterprises, different cultural backgrounds in the same period, the same country, the same ethnic group and the same enterprise will have different cultural backgrounds in different periods, making people treat financial risk management values, reaction degree, behavior, measures and other aspects of differences, forming certain characteristics.

The study of risk cases at home and abroad shows that the biggest risk of enterprises is often caused by the weakness of corporate culture and corporate behavior, especially the lack of knowledge, limited ability and poor moral character of top managers.

With the increasing complexity of collective and personal behavior brought about by the rapid development of social economy, the study of financial risk culture can not be ignored but should be an important topic.

< /p >

< p > < strong > four, research on the organizational structure and management mode of financial risk management < /strong > < /p >

< p > no matter theoretically or practically, financial risk management in China lacks research on organizational structure.

In practice, most enterprises in China do not set up specialized financial management institutions, and there are no full-time financial risk managers. This shows that people have not yet realized the role of financial risk management for enterprises.

Theoretically, similar to the financial risk cultural reasons mentioned above, our country's existing financial risk management research pays much attention to methods and procedures, ignores the responsibilities and powers of organizations and institutions, and so on, which is of special importance to practice.

Different development stages, different cultural backgrounds and different management organizations have different modes of financial risk management. Whether they are centralized or decentralized, such as centralization or decentralization, part-time job or full-time job, is a major issue that can not be avoided in studying and implementing financial risk management.

The risk management mode should be studied at different levels according to the specific conditions of different enterprises in China.

< /p >