The Build of the Framework of Financial Risk Evaluation System in International Engineering Contracting

DOI

10.2991/icssr-13.2013.57How to use a DOI?

Keywords

international engineering contracting; financial risk; the comprehensive analysis of information; financial supervision and management; the build of framework

Abstract

International engineering contracting is a comprehensive international economic exchange activity and an international cooperative approach of economy and technology, the projects of which always have complicated and a wide range of contents, a long cycle, and a great amount of involved investment that mean great risks. The essay has further been clear about the build of the framework of financial risk evaluation in international engineering contracting by researching the characteristics of financial risk in international engineering contracting and relevant requirements to the financial activity main body. International engineering contracting is a comprehensive economic exchange activity. Via international tender, bid, negotiation and so on, the contractor provide their own technology, capital, labor, management, equipment, materials, and even permission right and finish the engineering projects or work on other economic activities according to the requirements of the project owners abroad and make an offer following the agreed contract conditions in advance. Because its projects always have complicated and a wide range of contents, a long cycle, and a great amount of involved investment, it has great risks.

Copyright

© 2013, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Juncheng Zhang
AU  - Xiuping Li
PY  - 2013/07
DA  - 2013/07
TI  - The Build of the Framework of Financial Risk Evaluation System in International Engineering Contracting
BT  - Proceedings of the 2nd International Conference on Science and Social Research (ICSSR 2013)
PB  - Atlantis Press
SP  - 262
EP  - 265
SN  - 1951-6851
UR  - https://doi.org/10.2991/icssr-13.2013.57
DO  - 10.2991/icssr-13.2013.57
ID  - Zhang2013/07
ER  -