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.
Publication Year: 2011
Publication Date: 2011-08-01
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 1
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