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As China puts forward the strategic development goals of “carbon peak” and “carbon neutrality”, the demand for clean energy is increasing day by day. Solar energy-based power generation technology has developed rapidly in recent years and has become increasingly mature. The competition among photovoltaic companies has gradually intensified. At present, most leading enterprises in the photovoltaic industry are extending to the integration of the industrial chain, and the whole industrial chain strategy has become the mainstream strategic direction. Based on the above situation, from the perspective of the industrial chain, this paper selects the three leading enterprises in the photovoltaic industry, evaluates and analyzes their financial performance after the entire industrial chain model, and then explores the possible risks in the entire industrial chain model of photovoltaic enterprises, and puts forward the suggestions of governance risks.
Yang et al. (Sat,) studied this question.
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