Research on Enterprise Economic Risk Management Strategies under the Downward Economic Trend

Authors

  • Yuxuan Liu

DOI:

https://doi.org/10.54097/hbem.v17i.11539

Keywords:

Enterprise, Economic Risk, Risk Management, Economic Downturn.

Abstract

With the economic downturn, the prosperity of most industries in the market is relatively declining, and the demand is weakened. This will not only make it more difficult for enterprises to sell their products and slow down the speed of fund recovery, but also slow down the speed of collecting funds such as accounts receivable, thus bringing challenges to their own management. In modern enterprise management, enterprise economic risk management occupies an extremely important position, and the significance of economic risk management to maintaining enterprise capital chain is gradually revealed. The management of enterprises should also keep pace with the development of economy. Only in this environment, we can grasp the future development trend of economy and constantly adjust the management mode of enterprises to keep pace with the times. This paper analyzes and studies the problems of enterprise economic risk management under the downward pressure of economy, and puts forward corresponding strengthening strategies.

Downloads

Download data is not yet available.

References

Li Yingyi, Wang Chaowen, Fu Shuan. (2013). Research Framework of Economic Risk Management Strategy for Power Grid Enterprises. Journal of North China Electric Power University (Natural Science Edition), 040 (005), 75 - 83.

Huang Changsheng, & Wang Yanxiao. (2011). Study on the risks and countermeasures of overseas mergers and acquisitions of China enterprises. Theoretical discussion, 2011 (5), 4.

Long Yong, Mei Deqiang, & Chang Qinghua. (2011). The influence of venture capital on the technology alliance strategy of high-tech enterprises-an empirical study based on absorptive capacity. Scientific Research Management, 32 (7), 9.

Guo Yuan. (2016). Financial management risks and prevention and control strategies of small and medium-sized commercial enterprises in economic transition period. Business Economic Research, 2016 (19), 2.

Zhou Lin, Lin Nan. (2019). Study on Corporate Political Connection and Venture Capital Strategy Selection —— The Moderating Role of Different Corporate Governance Mechanisms and the Characteristics of Venture Capital Institutions. East China Economic Management, 33 (2), 128 - 140.

Wang Jining, Zhang Yuhao, Wang Yutong, & Chen Tingqiang. (2019). Dynamic study on the evolution of safety risks of food enterprises driven by economic interests. China Management Science, 2019 (12).

Pi Feng. (2022). Research on financial risk management of enterprise merger and acquisition integration. Economics, 4 (6), 71 - 72.

Li Xiaobo. (2013). Risk control strategy of pledge guarantee business of third-party logistics enterprises. commercial times, 2013 (033), 57 - 58.

Liu Junying, Liu Ruiping, &He Xi. (2010). Research and Practice of Comprehensive Risk Management System for Construction Enterprises. International Economic Cooperation, 2010 (3), 4.

Ding Lin. (2016). Research on Bank Lending Risks and Control Strategies of Ethnic Small and Micro Enterprises. Guizhou Ethnic Studies, 37 (5), 4.

Downloads

Published

31-08-2023

How to Cite

Liu, Y. (2023). Research on Enterprise Economic Risk Management Strategies under the Downward Economic Trend. Highlights in Business, Economics and Management, 17, 420-425. https://doi.org/10.54097/hbem.v17i.11539