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Scholars Journal of Economics, Business and Management | Volume-8 | Issue-07
Financial Outsourcing Risk Analysis from the Perspective of Service Sector
Gang Chen, Diandian Guo
Published: July 13, 2021 | 116 125
DOI: 10.36347/sjebm.2021.v08i07.001
Pages: 185-189
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Abstract
Financial outsourcing is becoming increasingly common in China's domestic market. Suffering from inadequate policy and system, relatively low management level and insufficient professional staffing, however, the market sees that management of relevant firms do not have a clear understanding risks of financial outsourcing, which easily exposes relevant firms to large potential losses. Based on the rapidly developing service industry, this paper reviews the relevant theoretical contents, focusing on risks pertaining to firm financial outsourcing. It analyzes the outsourcing risks involved, and finally proposes reasonable and feasible coping strategies for these specific risks.