Top 10 Financial Risks that Need the Small and Medium-sized Enterprises Highly Attention
According to the statistical results issued by the National Development and Planning Commission, a considerable proportion of small and medium-sized enterprises (hereinafter abbreviated to SMEs) were confronted with diffi-culties such as capital chain rupture due to the influence of domestic macroeconomic control and structural adjustment as well as the slowing down of international economy. And the preliminary statistics indicate that in the first part of this year more than 67, 000 SMEs went bankrupt nationwide. For instance, in the textile industry which is typically labor concentrated, over 10 thousand enterprises closed down and two thirds of them were facing reformation, resulting in the laid-off of 20 million workers or more. Currently the financial risks of SMEs have been brought to public attention. From the perspective of financial analysis, this article is to thoroughly and systematically explain the top ten financial risks to which SMEs must pay attention.
Small and Medium-sized Enterprise Financial Risk Financial Analysis
YU Guojie TANG Qiao ZHOU Chan
School of Economy and Management, Wuhan University, P.R.China
国际会议
The Tenth West Lake International Conference on Small & Medium Business(第十届西湖国际中小企业研讨会)
杭州
英文
323-326
2008-10-25（万方平台首次上网日期，不代表论文的发表时间）