Academic Journal of Business & Management, 2023, 5(23); doi: 10.25236/AJBM.2023.052319.
Liang Yanyu1,2, Dindo Inso1
1Lyceum of the Philippines University, Philippines Manila, 1002
2Guangdong Technology College, Zhaoqing,Guangdong Province, 526100, China
This study explores the complex links between corporate financial performance and financial risk management methods. It examines the demographics of respondents, the most commonly used budget management methods, the difficulties associated with managing financial risk, and the impact of financial risk on organizational performance. The results of the survey show that key financial risk indicators such as foreign exchange risk, commodity price changes, and operational efficiency are significantly linked to financial performance. These findings have real-world applications for organizations seeking to improve their financial stability and achieve their long-term financial goals.
Financial Risk Management, Budget Management Practices, Financial Performance, Risk Mitigation Strategies
Liang Yanyu, Dindo Inso. Evaluation and Optimization of Strategic Budget Management Based on Financial Risk Prevention. Academic Journal of Business & Management (2023) Vol. 5, Issue 23: 125-132. https://doi.org/10.25236/AJBM.2023.052319.
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