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Treasury Improvement Research Of Suzhou Jin Xiang Group

Posted on:2010-03-06Degree:MasterType:Thesis
Country:ChinaCandidate:J MaFull Text:PDF
GTID:2189360275496221Subject:Business Administration
Abstract/Summary:PDF Full Text Request
The Well-known American economist and Nobel laureate Joseph Stiglitz ? (Joseph Stiglitz) that: enterprises operating from a single scale operation of the Group, as the capital of the link function, so that financial management in the management of enterprise groups more prominent status. A modern enterprise group should be gradually set up "as the central financial management, financial management, fund management as the center" management philosophy. How to establish and improve the scientific management system to improve financial enterprise groups have become in the development of important issues.Combined with today's international economic development trends, the Group must be the achievement of financial management from the traditional to the modern enterprise financial management transformation: the funds will be distributed to centralized management, financial operations to achieve economies of scale in order to avoid group of companies in financing, capital operation, capital the use of cost control, financial information research, long-term financial decision-making in areas such as the low efficiency problem of duplication and friction out of control.Suzhou Jin Xiang is a new textile company, the rapid development of its capital management objective of the practice of a higher requirement, the traditional model of fund management can not effectively improve the management efficiency, to some extent, has become the level of fund management companies to upgrade obstacles.In this paper, the use of modern financial management theory, for the fund management group needs to explore the introduction of advanced concepts and tools to enhance the level of fund management groups. First of all, the concept of fund management, financial management methods, such as a comprehensive exposition of relevant theory; Secondly, on the status of internal financial management, there is to analyze the causes of the problem, the "Group of the cash pool + all-round monitoring" of financial management improvement program to be able to raise the level of financial management help. To this end, the Group should strengthen the financial management leadership, and further improve the professional quality of the financial staff to ensure that the fund management group to improve the smooth implementation of the program.
Keywords/Search Tags:Treasury, Centralized, Cash Pool
PDF Full Text Request
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