金融风险管理(financial-risk-management)课件.ppt

1、高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Managementfinancial risk managementfinancial risk management金融风险管理 高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Management2financial risk management financial risk management Brief contents：Definition of financial riskEvaluation of

2、 financial riskControl of financial risk高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Management3Definition, features and types Definition, features and types of riskof riskComponents of corporate Components of corporate business riskbusiness riskInfluencing factors and types Influencing

3、factors and types of financial riskof financial riskDefinition of financial risk高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Management41.Risk refers to the possibility 1.Risk refers to the possibility that the result of business that the result of business activities varies from anticip

4、ated activities varies from anticipated objectives.objectives.2.Types of risk include:2.Types of risk include:（1 1）natural risk andnatural risk and artificial Riskartificial Risk（2 2）wealth risk, human risk, responsibility wealth risk, human risk, responsibility risk and credit riskrisk and credit r

5、iskDefinition, features and types of risk高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Management52. Types of risk include:2. Types of risk include:（3 3）controllable risk and controllable risk and uncontrollable riskuncontrollable risk（4 4）objective risk and subjective costobjective risk

6、and subjective cost（5 5）macro risk and micro riskmacro risk and micro riskDefinition, features and types of risk高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Management63.features of risk3.features of risk（1 1）widely influences widely influences （2 2）uncertaintyuncertainty（3 3）disadvantag

7、eousnessdisadvantageousness（4 4）risk return trade-offrisk return trade-offDefinition, features and types of risk高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Management71.resources flow risk1.resources flow risk2.information flow risk2.information flow risk3.funds flow risk3.funds flow ri

8、skComponents of corporate business risk高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Management8Influencing factorsInfluencing factors：1.uncontrollable risk1.uncontrollable risk2.controllable2.controllable riskriskTypesTypes：1.financing risk1.financing risk2.investment risk2.investment ri

9、sk3.earnings realization 3.earnings realization and distribution riskand distribution riskInfluencing factors and types of financial risk高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Management9Procedure of financial risk Procedure of financial risk evaluationevaluationBasic methods of fi

10、nancial risk Basic methods of financial risk identificationidentificationMethods of financial risk Methods of financial risk evaluationevaluationEvaluation of financial risk高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Management101.Risk identification1.Risk identification2.Risk evaluatio

11、n2.Risk evaluation3.Risk trade-off3.Risk trade-offProcedure of financial risk evaluation高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Management11To identify where the To identify where the risks exist,why the risk risks exist,why the risk exists, and the extent exists, and the extent of

12、its influences.of its influences.1. Risk identification高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Management12The test and estimation of The test and estimation of risk under certain financial risk under certain financial conditions, in order to conditions, in order to assess the risk

13、level of the assess the risk level of the financial activities and financial activities and thus provide necessary thus provide necessary information and base for information and base for financial decision-making. financial decision-making. 2. Risk evaluation高级财务管理高级财务管理 财务管理教研室 Teaching Team of Ad

14、vanced Financial Management13On the basis of risk On the basis of risk identification and risk identification and risk evaluation, analyze the risk-evaluation, analyze the risk-return relation, and compare return relation, and compare the return with costs to the return with costs to control the ris

15、k, to control the risk, to determine the corporations determine the corporations risk attitudes and its risk risk attitudes and its risk control strategies.control strategies.3. Risk trade-off高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Management141.Decomposition method1.Decomposition m

16、ethod2.Experts investigation method2.Experts investigation methodBasic methods of risk identification高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Management15Decompose a complicated Decompose a complicated system into several parts or system into several parts or subsystems, and analyze

17、them subsystems, and analyze them one by one, to summarize all one by one, to summarize all the varieties of risks the varieties of risks influencing the system influencing the system operations. This is a basic operations. This is a basic method to identify risk.method to identify risk.1. Decomposi

18、tion method高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Management16（1 1）brain storm methodbrain storm method（2 2）DelphyDelphy method method（3 3）on-spot investigation methodon-spot investigation method2. Expert investigation method高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial

19、Management171.Probability analysis method1.Probability analysis method2.Financial ratios analysis 2.Financial ratios analysis methodmethod3.A combined application of 3.A combined application of risk evaluation methodsrisk evaluation methodsMethods of financial risk evaluation高级财务管理高级财务管理 财务管理教研室 Tea

20、ching Team of Advanced Financial Management18Definition of financial risk Definition of financial risk controlcontrolObjectives of financial risk Objectives of financial risk controlcontrolBasic methods of financial Basic methods of financial risk controlrisk controlControl of financial risk高级财务管理高级

21、财务管理 财务管理教研室 Teaching Team of Advanced Financial Management19 Risk control is the core of Risk control is the core of risk management, includingrisk management, including：1.risk decision1.risk decision2.risk prevention2.risk prevention3.risk treatment3.risk treatmentDefinition of financial risk cont

22、rol高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Management20Risk decision refers to the Risk decision refers to the choice of risk project and the choice of risk project and the decision on how much risk the decision on how much risk the corporation is willing to take, corporation is wil

23、ling to take, on the basis of risk on the basis of risk evaluation. evaluation. 1. Risk decision高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Management21Prevention of risk refers to Prevention of risk refers to taking ex-anti measures to taking ex-anti measures to reduce possibility of l

24、oss by reduce possibility of loss by reducing risk, under given reducing risk, under given risk conditions.risk conditions.2. Prevention of risk高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Management22Treatment of risk refers to taking Treatment of risk refers to taking corresponding mea

25、sures to increase corresponding measures to increase the anti-risk ability, reduce the anti-risk ability, reduce negative influences on corporation by negative influences on corporation by loss and guarantee the continuous loss and guarantee the continuous operation of the corporation.operation of t

26、he corporation.3. Treatment of risk高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Management23The objective of financial risk The objective of financial risk control is to stabilize control is to stabilize corporations future cash flow.corporations future cash flow.Objective of financial r

27、isk control高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Management241.Methods of risk prevention1.Methods of risk prevention2.Methods of risk treatment2.Methods of risk treatmentBasic methods of financial risk control高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Management25（1

28、 1）Risk avoidance methodRisk avoidance method（2 2）Risk reduction methodRisk reduction method（3 3）Risk diversification methodRisk diversification method（4 4）Risk transfer methodRisk transfer method1. Methods of risk prevention高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Management26（1 1）B

29、efore the loss occurs, establish Before the loss occurs, establish provisions of risk and loss, in the form of provisions of risk and loss, in the form of prepayment or others.prepayment or others.（2 2）When the loss occurs, take measures to When the loss occurs, take measures to stop loss.stop loss.（3 3）After the loss occurs,write off the loss After the loss occurs,write off the loss in time.in time. 2. Methods of risk treatment高级财务管理高级财务管理 财务管理教研室 Teaching Team of Advanced Financial Management272022-3-22