Enterprise financial risks mainly arise from both external and internal causes. The external cause of financial risks is the complexity of the enterprise's external environment. External factors affecting corporate financial management activities include natural factors, social factors, market factors, etc. Changes in external factors are difficult for companies to accurately predict and grasp. They are uncertain and will inevitably bring financial risks to the company. However, within the enterprise, in order to adapt to the requirements of the market and accelerate the development of the enterprise, the financial activities of modern enterprises have become increasingly complex and diversified, and the risks in aspects such as fund raising, fund investment, fund operation, and income acquisition are increasing day by day. At the same time, the enterprise's management level, product or service quality, operating conditions, work efficiency, employee quality, etc. will also bring risks to the enterprise's financial management activities. The specific causes of financial risks for Chinese enterprises are as follows: 1. The macro-environment that affects corporate financial management is complex. This is an external cause of financial risks for enterprises. The macro environment of financial management includes legal environment, economic environment, social environment, market environment and other factors. Although these factors exist outside the enterprise, they have a significant impact on enterprise financial management. Due to the complexity and variability of the financial management environment, changes in the external environment may not only bring development opportunities to the enterprise, but may also expose the enterprise to certain threats. If the enterprise's financial management system cannot adapt to the complex and changing external environment, it will inevitably bring difficulties to the survival and development of the enterprise, resulting in financial risks.

2. Financial personnel’s lag in understanding risks. The financial activities of enterprises run through the entire process of enterprise activities. With the increasing scale of enterprise assets and the increase in development speed in recent years, the financial activities of Chinese enterprises have become more and more complex, and the financial risks they face have also increased. big. At the same time, in financial work, the risk awareness of financial managers is still relatively weak. www.homelunwen.com They do not grasp the nature of risks and have a clear understanding of risks, which makes the understanding of risks lag behind the existence of risks, which is the reason for the financial risks of our country's enterprises. important factors. 3. Financial decision-making lacks scientific basis. At present, empirical decision-making and subjective decision-making are common in the financial decision-making process of Chinese enterprises, and scientific decision-making and analysis methods are not used. The resulting decision-making errors often occur, resulting in financial risks.

4. The company’s capital structure is unreasonable and the debt-to-fund ratio is too high. Funding structure mainly refers to the proportional relationship between equity funds and liability funds among all sources of funds for an enterprise. At present, the irrational capital structure of enterprises in my country generally exists, which is manifested in the fact that the proportion of debt funds in total funds is too high. The asset-liability ratio of many enterprises reaches more than 30%. The unreasonable capital structure leads to heavy financial burdens on enterprises and serious deficiencies in solvency, resulting in financial risks.

5. The internal financial monitoring mechanism of the enterprise is not perfect. Most enterprises in our country have not established an internal financial monitoring mechanism. Even if they do, the implementation of their financial supervision system is not very effective. Moreover, some enterprises combine management and supervision into one, lack an asset loss liability accountability system, and turn a deaf ear to financial disciplines, making it difficult to implement Effective constraints, financial risks are extremely easy to occur.