The Challenge of Managing Government-Industry Relationships

DOI: 10.4236/jfrm.2013.24014   PDF   HTML     5,130 Downloads   8,309 Views  

Abstract

Suntech, once the star of China’s PV industry, now is a highly distressed company under bankruptcy protection towards restructure of business activities. From Suntech’s founding to its uncertain future prospects, the paper discussed the company’s growth story as a good case study to discuss the opportunities and risks resulting from China’s approach to industrial development, which is motivated by booming local economic growth. In the article, we first stated the evolution of Suntech and analyzed the risk factors which lead to the bankruptcy of Suntech under Kaplan’s new risk management and risk categorization framework. A conclusion that the broader strategy of booming economy should be oriented in the healthy enterprise-growth based approach is introduced at the end of the paper.

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Li, S. (2013). The Challenge of Managing Government-Industry Relationships. Journal of Financial Risk Management, 2, 84-86. doi: 10.4236/jfrm.2013.24014.

Conflicts of Interest

The authors declare no conflicts of interest.

References

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http://www.21cbh.com/HTML/2012-5-14/5ONDE3XzQzMjk5OQ.html
[5] Robert, S. K., & Anette, M. (2012). Managing risks: A new framework. Harvard Business Review.

  
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