Based on Gray System Theory in Liquidity Risk of Real Estate Enterprise
Real estate enterprise decisions are made in a speedy and complex environment often with huge uncertainty.The real estate enterprise have the characteristics of large capital occupation and cash flow for a long time.while the financial risk must be managed proactively on an enterprise level.A critical assessment of liquidity risk is essential because it reflects short-term debt paying ability of real estate enterprise.Therefore,liquidity risk has become a topic of major concern for real estate enterprise.This paper examines the risk by applying gray system theory to enterprise risk management,with the aim of understanding the short-term debt paying ability.In order to simulate the risk,an enterprise risk model is developed.By combining the disciplines of gray system theory and positive analysis,this paper shows how to warn a liquidity risk in real estate enterprise of risk management which effect short-term debt paying ability.
iquidity ratio gray system theory financial risk model
Haizi Wang Yang Lin Juan Liu
Business School Shandong Jianzhu University Jinan,China
国际会议
太原
英文
512-515
2011-02-26（万方平台首次上网日期，不代表论文的发表时间）