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Research Of Financial-Strategic Management Of Small And Medium Sized Company

Posted on:2007-08-13Degree:MasterType:Thesis
Country:ChinaCandidate:T M BaoFull Text:PDF
GTID:2179360185951644Subject:Accounting
Abstract/Summary:PDF Full Text Request
The economic society is now going through a transformation from industrialeconomy to intellectual economy which consequently makes the environment of theenterprise management more competitive and complicated than before. The fittestsurvives. So the traditional financial management can no longer fit the ever-changingenvironment with its several drawbacks. And the combination of strategicmanagement with financial management will prove to be the best choice by history.Under the guidance of this thought, the thesis starts from business strategy andfinancial strategy relations and base on the thing that the meaning and characteristic tofinancial strategy are defined. Then we can draw a conclusion that all the successfulfinancial strategy must be a system, which take financial strategic objective as thedirection based on the financial resources keeping the same with the environmentalcoordinations. Regard this conclusion as a basic analysis frame, we analyse the basiccomposition to financial strategy—financial strategy, investment strategy and incomedistribution strategy and expand traditional financial control to financial strategycontrolEnterprise financial strategy formulation needs to consider enterprise externalenvironment condition and terms,etc. and a great deal of factors inside the enterprise.Because of its one's own characteristics it is of small and medium-sized enterprises,itis impossible to imitate and adopt financial method of large scale enterprise.Enterprises are organisms full of life and their sustainable developments arerunning along the definite lifecycle track. It's important for enterprises that exploitingand designing enterprises' financial behavior which relied on strategy management bymeans of enterprises' life cycle during their developing course.
Keywords/Search Tags:Small and medium sized company, Strategic financial management Investment strategy, distribution strategy, finance budget, life-cycle of company
PDF Full Text Request
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