International Journal of Accounting, Finance and Risk Management

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Research on Risk Assessment of Power Grid Enterprise Asset Management Based on the Life Cycle Cost Management Theory

Received: 16 October 2018    Accepted: 11 December 2018    Published: 14 January 2019
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Abstract

Based on the asset life cycle theory, this paper starts from the long-term economic benefits of the power company on the premise of ensuring the safety performance of the power grid. Through the construction of the risk indicator system, from the aspects of planning and planning process, procurement and construction process, operation and maintenance process, analyze the risk sources in a series of technical and economic measures in the organization, and divide the risk level of each part to help managers prepare for prevention more effectively, change or avoid technical risks. Finally, the asset management risk assessment model based on the matter-element expansion theory is used to empirically analyze the asset management risk of grid companies.

DOI 10.11648/j.ijafrm.20180304.11
Published in International Journal of Accounting, Finance and Risk Management (Volume 3, Issue 4, December 2018)
Page(s) 21-34
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Asset Life Cycle Theory, Power Grid, Risk Assessment Model, Asset Management

References
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[3] Qin Ying. Research on Risk Management Optimization of AB Power Company [J]. Enterprise Reform and Management, 2017 (14).
[4] Zhou Lijuan. Risk Analysis and Suggestion of Assets Evaluation Management [J]. Chinese and Foreign Entrepreneurs, 2018 (01): 24.
[5] Zhang Qiang. Discussion on Risk Management of Fixed Assets in Power Grid Enterprises [J]. Fiscal Supervision, 2017 (12): 112-116.
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[7] Yang Ying, Wang Haidong. Study on the risk assessment of China's assets and its preventive measures [J]. China High-tech Enterprise, 2016 (12): 193-194+130.
[8] Wang Haibing, Fan Mingyuan, Wang Chengmin, Xie Ning, Zhang Zuping. Research on Risk Assessment and Asset Management of No. 1 Distribution Network [J]. Supply and Electricity, 2016, 33 (05): 32-37.
[9] Wang Haisu, Wen Hao, Zhang Shiru. The Identification of Asset Assessment’s Risks and the Prevention System [J]. Appraisal Journal of China, 2002 (6).
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[11] Zhang Xinyuan. Discussion on the Life Cycle Management of Fixed Assets in Electric Power Enterprises [J]. Trade Practice, 2018 (17): 229.
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Author Information
  • School of Economics and Administration, North China Electric Power University, Beijing, China

  • School of Economics and Administration, North China Electric Power University, Beijing, China

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  • APA Style

    Niu Dongxiao, Ma Bin. (2019). Research on Risk Assessment of Power Grid Enterprise Asset Management Based on the Life Cycle Cost Management Theory. International Journal of Accounting, Finance and Risk Management, 3(4), 21-34. https://doi.org/10.11648/j.ijafrm.20180304.11

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    ACS Style

    Niu Dongxiao; Ma Bin. Research on Risk Assessment of Power Grid Enterprise Asset Management Based on the Life Cycle Cost Management Theory. Int. J. Account. Finance Risk Manag. 2019, 3(4), 21-34. doi: 10.11648/j.ijafrm.20180304.11

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    AMA Style

    Niu Dongxiao, Ma Bin. Research on Risk Assessment of Power Grid Enterprise Asset Management Based on the Life Cycle Cost Management Theory. Int J Account Finance Risk Manag. 2019;3(4):21-34. doi: 10.11648/j.ijafrm.20180304.11

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  • @article{10.11648/j.ijafrm.20180304.11,
      author = {Niu Dongxiao and Ma Bin},
      title = {Research on Risk Assessment of Power Grid Enterprise Asset Management Based on the Life Cycle Cost Management Theory},
      journal = {International Journal of Accounting, Finance and Risk Management},
      volume = {3},
      number = {4},
      pages = {21-34},
      doi = {10.11648/j.ijafrm.20180304.11},
      url = {https://doi.org/10.11648/j.ijafrm.20180304.11},
      eprint = {https://download.sciencepg.com/pdf/10.11648.j.ijafrm.20180304.11},
      abstract = {Based on the asset life cycle theory, this paper starts from the long-term economic benefits of the power company on the premise of ensuring the safety performance of the power grid. Through the construction of the risk indicator system, from the aspects of planning and planning process, procurement and construction process, operation and maintenance process, analyze the risk sources in a series of technical and economic measures in the organization, and divide the risk level of each part to help managers prepare for prevention more effectively, change or avoid technical risks. Finally, the asset management risk assessment model based on the matter-element expansion theory is used to empirically analyze the asset management risk of grid companies.},
     year = {2019}
    }
    

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    T1  - Research on Risk Assessment of Power Grid Enterprise Asset Management Based on the Life Cycle Cost Management Theory
    AU  - Niu Dongxiao
    AU  - Ma Bin
    Y1  - 2019/01/14
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    DO  - 10.11648/j.ijafrm.20180304.11
    T2  - International Journal of Accounting, Finance and Risk Management
    JF  - International Journal of Accounting, Finance and Risk Management
    JO  - International Journal of Accounting, Finance and Risk Management
    SP  - 21
    EP  - 34
    PB  - Science Publishing Group
    SN  - 2578-9376
    UR  - https://doi.org/10.11648/j.ijafrm.20180304.11
    AB  - Based on the asset life cycle theory, this paper starts from the long-term economic benefits of the power company on the premise of ensuring the safety performance of the power grid. Through the construction of the risk indicator system, from the aspects of planning and planning process, procurement and construction process, operation and maintenance process, analyze the risk sources in a series of technical and economic measures in the organization, and divide the risk level of each part to help managers prepare for prevention more effectively, change or avoid technical risks. Finally, the asset management risk assessment model based on the matter-element expansion theory is used to empirically analyze the asset management risk of grid companies.
    VL  - 3
    IS  - 4
    ER  - 

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