中小企业财务风险管理外文文献翻译 2017.doc

文献出处: Sharifi, Omid. International Journal of Information, Business and (May 2017): 82-94.
原文
Financial Risk Management for Small and Medium Sized Enterprises(SMES)
Omid Sharifi
MBA, Department merce and Business Management, Kakatiya University, House No. 2-1-664, Sarawathi negar,

medium sized Enterprises (SME) do also face business risks, Similar to panies, Small and Mwhich in worst case can cause financial distress and lead to bankruptcy. However, although SME are a major part of the India and also international - economy, research mainly focused on risk management in large corporations. Therefore the aim of this paper is to suggest a possible mean for the risk identification, analysis and monitoring, which can be applied by SME to manage their internal financial risks. For this purpose the financial analysis, which has been used in research to identify indicators for firm bankruptcy, was chosen. The data required for the study was collected from Annual report of the Intec Capital
Limited. For the period of five years, from 2008 to findings showed the data and the overview can be used in SME risk management.
Keywords: Annual report, Small and Medium sized Enterprises, Financial Risks, Risk Management.

Small and medium sized enterprises (SME) differ from large corporations among other aspects first of all in their size. Their importance in the economy however is large . SME sector of India is considered as the backbone of economy contributing to 45% of the industrial output, 40% of India’s exports, employing 60 million people, create million jobs every year and produce more than 8000 quality products for the Indian and international markets. With approximately 30 million SMEs in India, 12 million people expected to join the workforce in next 3 years and the sector growing at a rate of 8% per year, Government of India is taking different measures so as to increase petitiveness in the internationa