Accounts Receivable, And Corporate Strategy Correlation

This article analyzes the relationship between Account Receivable andCorporate Strategy based on both theoretical research and empirical research.The conclusion of the research will attract both entrepreneur and scholar topay more attention to Strategic Management of Account Receivable.Both the Account Receivable and Corporate Strategy have been mature.However, the connection of the two concepts will illustrate new issues andnew ways. Theoretical research includes Account Receivables in strategicview and Account Receivables Management in Corporate StrategyManagement.On the base of Theoretical analysis,we choose pharmacy industry as theresearch target and proceed empirical research. First, apply correlationanalysis method to connect Account Receivable with Corporate Strategythrough sales and draw the conclusion that Account Receivable influences thecorporate sales strategy. Second, choose 27 financial indexes to representCorporate Strategy and apply classification analysis and regression method toconnect these indexes with account receivable turnover and draw theconclusion that the corporate strategy index influences the account receivableturnover. Finally, according to the conclusion, the article proposes relatedsuggestion for the pharmacy industry.