What is it about?
In recent years, manufacturing enterprises have faced overall financial stress due to market conditions and new forms of positive development. Excessive inter-company loans have led to the rupture of the capital chain among enterprises, resulting in developmental challenges. Studying the flow of funds between enterprises, it is observed that financial risks bear similarities to the spread of infectious diseases like SARS.
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Why is it important?
This paper employs the MATLAB data analysis environment, Python data analysis tools, and the SEIRS dynamic time-varying epidemiological model to investigate systemic risk transmission among enterprises. The analysis reveals that high-risk transmission rates, low-risk immunity rates, and low-risk isolation rates contribute to the rapid and uncontrollable spread of systemic risks among enterprises.
Perspectives
Consequently, recommendations are made to strengthen market supervision, government intervention, and national regulation to ensure the safety of manufacturing enterprises.
Richard (Ricky) Smith Jr.
Read the Original
This page is a summary of: Risk Contagion Effects of Interconnected Manufacturing Enterprises, IgMin Research, September 2024, IgMin Publications Inc.,
DOI: 10.61927/igmin244.
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