Liu Xiaohua. The factors influencing financial risk management of Sany Heavy Industry company. Master's Degree(Financial and Accounting). Siam University. Library and Information Resource Center. : มหาวิทยาลัยสยาม, 2567.
The factors influencing financial risk management of Sany Heavy Industry company
Abstract:
This study used Sany Heavy Industry CO. LTD. as a case study to investigate the influencing factors of financial risk management in construction machinery enterprises, aiming to improve the risk management capabilities of construction machinery enterprises.
Based on the risk management theory, the objectives of this research were: (1)To explain the current state of financial risk management at Sany Heavy Industry; (2) To examine the factors influencing Sany Heavy Industrys financial risk management; (3)To propose optimization strategies for Sany Heavy Industrys financial risk management.
This study employed the quantitative research method using a questionnaire survey, targeting employees of Sany Heavy Industry. A total of 450 questionnaires were collected, with 433 valid responses. The effective response rate was 90.21%. The research hypotheses were tested through data analysis methods.
The study finds that: (1) There are inconsistencies in understanding and implementing macroeconomic responses across different departments at Sany Heavy Industry, as evidenced by high standard deviations. In terms of enterprise capital structure, the company shows weaknesses in diversifying financing channels and equity financing plans. Regarding corporate governance, there are differences in organizational structure, the role of the board of directors, and employees understanding of risk management policies; (2) Macroeconomic environment, enterprise capital structure, and corporate governance all have a positive impact on Sany Heavy Industrys financial risk management. (3) The company can enhance its market competitiveness by optimizing financial risk management strategies through strengthening macroeconomic analysis and response, optimizing enterprise capital structure, and enhancing corporate governance.
This study, through a case analysis of Sany Heavy Industry Co., Ltd., thoroughly examines the influencing factors of financial risk management in construction machinery enterprises and their optimization strategies. The research findings not only provide specific improvement suggestions for Sany Heavy Industry but also offer valuable references and insights for financial risk management practices across the entire construction machinery industry.
Siam University. Library and Information Resource Center