A Study On Enterprises' Financial Credit Management In Our Country

This study is based on the status of the domestic and international economic development and the need of management. China's enterprises are serious lack of financial credit, and their financial credit rating is poor, what's more, they are in urgent need of a sound management system.This paper is on the perspective of Chinese and foreign compared to explore its causes, in the credit risk management system, historical and cultural environment, education and research different angles, from the theory and practice levels of credit management of Chinese and foreign enterprises, to find the the developed western countries and China and to explore the characteristics of financial credit management of China's enterprises. The article reveals China's enterprise financial status, and analysis the causes of its loss and gives advices of it. The article suggests introducing management-by-system theory as the theoretical base of the construction of enterprise's credit condition framework. Financial credit management system should include analysis of enterprise financial system and credit risk management system, and the credit risk management system includes risk identification, risk measurement and risk control three systems. In this paper, the mode of credit management and credit risk management organization are also argued. Finally, a corporation was analyzed as a specific case.