The role of financial analysis in risk management of entrepreneurial small and medium-sized enterprises: A case study of DJI Innovation Technology Co., LTD

Authors

  • Jiayi Wen

DOI:

https://doi.org/10.62051/0qat3e47

Keywords:

Financial analysis; Entrepreneurial small and medium-sized enterprises; Risk management; DJI.

Abstract

As an important tool of risk management, financial analysis can help enterprises to identify, evaluate, prevent and monitor financial risks in a timely manner, optimize management processes, and ensure the steady development of enterprises. This paper aims to explore the role of financial analysis in the risk management. Through in-depth analysis of the characteristics of small and medium-sized enterprises, combined with financial analysis methods, this paper puts forward a set of risk management framework suitable for small and medium-sized enterprises. The results show that effective financial analysis can significantly improve the risk management level of enterprises and provide guarantee for the steady development of enterprises.

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References

[1] Lu Qifeng. Construction and Application of Venture Capital Suitability Evaluation Model in start-up enterprises: A Case study of YLJG and YHA [D]. Hangzhou Dianzi University,2023.

[2] Ouyang Wenjing. Research on Problems and Countermeasures of growth management of A technology-based Company in its initial stage [D]. Jiangxi: Nanchang University,2023.

[3] Zhang Xiaoyin. The impact of digital transformation of smes on their financing constraints [D]. Inner Mongolia: Inner Mongolia University,2023.

[4] Long Yuxin. Study on the impact of New Third Board transfer on Corporate financial Performance -- taking Lianrui New Materials as an example [D]. Jiangxi: Jiangxi University of Finance and Economics,2022.

[5] Tian Wanling. Analysis on the impact of digital inclusive finance on smes' innovation [D]. Heilongjiang: Harbin Institute of Technology,2022.

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Published

18-11-2024

How to Cite

Wen, J. (2024). The role of financial analysis in risk management of entrepreneurial small and medium-sized enterprises: A case study of DJI Innovation Technology Co., LTD. Transactions on Economics, Business and Management Research, 13, 527-533. https://doi.org/10.62051/0qat3e47