The author can use the risk management course knowledge to evaluate the current Chinese business environments and the advantages and weaknesses of the current risk management process and tools in state-owned enterprises. In addition, the author can use the marketing and strategy knowledge to analyze the Chinese risk management. Culture and social environment are the main sources to form these differences.
Section 2: research and dissertation aims
This dissertation’s goal is to find out the differences of the business environments of risk management between China’s state-owned companies and other developed countries’ firms and summary how Chinese national-owned companies’ managers forecast and control these risks by the amended risk management theories and tools.
In order to achieve this aim, the author has the following objectives.
Aim one: identify the China’s state-owned firms’ special business environment and background as well as some culture differences
Aim two: identify the Chinese state-owned firms’ successful risk management experience and some theories weaknesses which need to be amended
Aim three: summary the successful experience of China’s state-owned enterprises’ risk management and the amended risk management tools.
Section 3: Literature review
Corporate Strategy and Risk Management, which compile by The Chinese Institute of Certified Public Accountants, described the general risk management conceptions in China and some state-owned companies(概念重复吧！？). This book shows me the risks management general knowledge and some differences between Chinese risk management and foreign risk management. This book also introduces some knowledge in relation to the COSO intern-control framework. However, this book does not pay attention to the using of the kind of theories in practice, especially the risk management in China’s state-owned firms.
Coso report：Framework, which compiled by Committee of Sponsoring Organization of the Treadway Commission (COSO) is one of my major source of the risk management theory. This report describes the whole internal control theories and some conceptions. In order to control the internal risks effectively, there must be five supporting factors; Control environment, Risk assessment, Control Activities, information and Communication and Monitoring. This book assisted me with more internal control knowledge and stimulate my interesting to explore the Chinese internal controlling management. But, this report is just the principle of the risk management. How we can connect the risk management principles with the practice, particularly state-owned enterprise risk management seem to be discussed by the author.
Risk Management –an international journal was edited by Denis Smith, Dominic Elliott and Alan Irwin. This book gave me a general framework on how to analyze the Chinese risk management environment and the risk management differences among different countries. Moreover, some of the new risk management points in the state-owned firms gave me a lot of helps to understanding(去掉) the dissertation topic.
Corporate Risk Management, (Tong Merna and Faisal F.Al -Thani) showed me the risk management from corporate aspect. At the beginning, the risk management research focused on finance and insurance industries. There are some books using the finance and insurance industries experiences and research results to describe the cor
