The Effect of Initiative Risk Management to Firm Value

被引:0
|
作者
Li Zhuwei [1 ]
Wang Chaoxiang [1 ]
Zou Qianmiao [1 ]
Yang Ruibo [1 ]
机构
[1] Dalian Univ Technol, Fac Econ & Management, Dalian 116024, Peoples R China
关键词
Initiative Risk Management; Firm Value; Financial Listed Companies;
D O I
暂无
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
This paper takes Chinese financial listed enterprises, and establishes indicators to evaluate the initiative risk management behaviors of the financial enterprises and examines the relationship between initiative risk management and firm value. Results show that financial enterprises could increase firm value effectively by taking initiative risk management measures, such as setting up departments specialized in risk management, using financial derivative instruments or engaging international famous accounting firms as audit institutions.
引用
收藏
页码:406 / 411
页数:6
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