Research on the Financial Risks of Small and Medium-sized Enterprises from the Perspective of Diversification Strategy and Countermeasures

Sicheng Lai ()
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Sicheng Lai: Wuhan Donghu University

A chapter in Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025), 2025, pp 250-256 from Springer

Abstract: Abstract Under the background of global economy, small and medium-sized enterprises, as activists of market economy, are facing unprecedented opportunities and challenges. In order to enhance market competitiveness and expand business territory, many small and medium-sized enterprises have embarked on the road of diversification strategy. This strategy aims to optimize the allocation of resources, disperse business risks and find new growth points through cross-domain or cross-industry business expansion. However, diversification strategy is not a smooth road, it is like a double-edged sword, which brings opportunities and also hides huge financial risks. Therefore, it is of great significance to deeply analyze the financial risks of small and medium-sized enterprises from the perspective of diversification strategy and put forward practical preventive countermeasures for promoting the healthy and stable development of small and medium-sized enterprises.

Keywords: small and medium-sized enterprises; Diversification strategy; Financial risk identification (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-702-1_27

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DOI: 10.2991/978-94-6463-702-1_27

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