%0 Journal Article
%T An Analysis of the China Aviation Oil (Singapore) Incident based on Risk Management<br>从风险管理视角解析中航油事件
%A LI Zhong-fei
%A YEN Jerome
%A YAO Jing
%A FAN Ting-ting
%A CHANG Lin
%A <br>李仲飞
%A 颜至宏
%A 姚京
%A 樊婷婷
%A 常琳
%J 系统工程理论与实践
%D 2007
%I 
%X This paper gives a comprehensive analysis of the China Aviation Oil(Singapore) (CAO) incident from the point of view of risk management.From qualitative aspect,we summarize the major risk sources of the CAO incident,such as moral hazard,market risk,and operational risk,and develop a risk circulation model to illustrate the evolution of risk in the CAO incident.From quantitative aspect,we apply the Value-at-Risk(VaR) technique to estimate empirically the market risk of the CAO incident by different models.Based on these qualitative and quantitative analyses,at the end of this paper we will make some political suggestions for risk regulation and inner controlling of state-own overseas enterprises.
%K risk management
%K derivatives
%K state-own overseas enterprises
%K case study<br>风险管理
%K 衍生产品
%K 国有海外企业
%K 案例研究
%U http://www.alljournals.cn/get_abstract_url.aspx?pcid=01BA20E8BA813E1908F3698710BBFEFEE816345F465FEBA5&cid=962324E222C1AC1D&jid=1D057D9E7CAD6BEE9FA97306E08E48D3&aid=92C74F36D693A60C&yid=A732AF04DDA03BB3&vid=DB817633AA4F79B9&iid=CA4FD0336C81A37A&sid=EA389574707BDED3&eid=9971A5E270697F23&journal_id=1000-6788&journal_name=系统工程理论与实践&referenced_num=2&reference_num=11