The Theoretical Origin of Financial Risk Research From the Perspective of Stakeholders
- DOI
- 10.2991/assehr.k.201023.133How to use a DOI?
- Keywords
- Stakeholders, financial risk, risk management
- Abstract
From the perspective of stakeholders, financial risk refers to the risk or uncertainty that the financing activities of an enterprise cannot meet the demand for working capital due to the imbalance between the supply and demand of working capital between the enterprise and internal & external stakeholders. This paper analyzes the financial risk concepts in sustainable development theory, information asymmetry theory, principal-agent theory, capital structure theory and enterprise risk management theory, analyzes the relationships among sustainable development, information asymmetry, principal-agent relationship, capital structure, enterprise risk management, stakeholders and financial risk, which lays a solid foundation for financial risk assessment and early warning research The theoretical basis of reality.
- Copyright
- © 2020, 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/).
Cite this article
TY - CONF AU - Hua Yang PY - 2020 DA - 2020/11/06 TI - The Theoretical Origin of Financial Risk Research From the Perspective of Stakeholders BT - Proceedings of the 2020 5th International Conference on Modern Management and Education Technology (MMET 2020) PB - Atlantis Press SP - 678 EP - 682 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.201023.133 DO - 10.2991/assehr.k.201023.133 ID - Yang2020 ER -