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Structural Studies Of The Shipping Port Industry Financial Competitiveness Based On Perspective Of Stakeholders

Posted on:2016-02-09Degree:MasterType:Thesis
Country:ChinaCandidate:J WangFull Text:PDF
GTID:2309330482981147Subject:Accounting
Abstract/Summary:PDF Full Text Request
With the economic globalization, China participated in international competition more frequently. The countries and companies are aware of the importance of competitiveness. The pursuit of profit is the goal of business operation. However, the existence of competitive markets, Companies must have the ability to better than competitors. Financial competence is an important core competence, and enhance the core competitiveness of any business are inseparable from the culture of financial competitiveness.Investment of financial resources is crucial to the financial competitiveness. Financial resources are mainly reflected in the factor conditions, which are the main factors of production inputs by different stakeholders. In the perspective of stakeholders, the stakeholders is resource elements suppliers for a corporate. Then, it introduced the Diamond Model Theory and applied to financial competitiveness. In the two core theoretical as a basis, selection index system applicable financial business competitiveness evaluation, and use the factor analysis and hierarchical cluster analysis in the mathematical statistics. Evaluation of the financial situation of Competitiveness for 29 listed companies 2013 annual shipping port. The financial competitiveness of firms in the same industry are classified, and further analysis of the formation of the financial competitiveness of the reason the difference between them. Thus we seek a solution for the shipping port industry enterprises to improve the level of financial competitiveness.In the corporate decision-making process, not only consider enhance their own financial competitiveness, but also focus on enhancing the overall value of the enterprise or industry. Pay attention to the interests of the various aspects of stakeholders satisfaction in the chain of value. So the premise of the shipping port industry to achieve the objective of maximizing corporate value is to meet the demands of stakeholders’ interests. In order to improve the financial competitiveness, deal with the relationship is necessary between various elements of the supply side, including shareholders, creditors, employees, managers, customers, suppliers. Through the management of this group of stakeholders, consider the interest demands of stakeholders in the enterprise development strategic planning, which is to improve the competitiveness of corporate finance essence.
Keywords/Search Tags:Financial Competitiveness, Stakeholders, Factor analysis, Cluster analysis
PDF Full Text Request
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