Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)

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

Authors
Sicheng Lai1, *
1Wuhan Donghu University, Wuhan, 430000, China
*Corresponding author. Email: 18971306549@163.com
Corresponding Author
Sicheng Lai
Available Online 5 May 2025.
DOI
10.2991/978-94-6463-702-1_27How to use a DOI?
Keywords
small and medium-sized enterprises; Diversification strategy; Financial risk identification
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.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
5 May 2025
ISBN
978-94-6463-702-1
ISSN
2352-5428
DOI
10.2991/978-94-6463-702-1_27How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Sicheng Lai
PY  - 2025
DA  - 2025/05/05
TI  - Research on the Financial Risks of Small and Medium-sized Enterprises from the Perspective of Diversification Strategy and Countermeasures
BT  - Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)
PB  - Atlantis Press
SP  - 250
EP  - 256
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-702-1_27
DO  - 10.2991/978-94-6463-702-1_27
ID  - Lai2025
ER  -