Abstract

This paper combines energy consumption, carbon emission and financial risk assessment of iron and steel enterprises in China for studying. The financial risk of iron and steel enterprises is classified into five main risks: 1) profit risk, 2) insolvency risk, 3) operational risk, 4) development risk and 5) the risk of carbon emission. The 32 iron and steel listed companies of China are examined to test the applicability of the risk assessment system. The results show that the system can better reveal the situation of financial risk and guard against the financial risk of iron and steel enterprises.

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