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Research On The Optimization Of Capital Management Of H Private Enterprises Under The Condition Of Tax Reduction And Fee Reduction

Posted on:2024-09-15Degree:MasterType:Thesis
Country:ChinaCandidate:H XingFull Text:PDF
GTID:2531306920996999Subject:(professional degree in business administration)
Abstract/Summary:PDF Full Text Request
As an important part of enterprise management,the management quality of working capital can help enterprises stand out in the ever-changing market competition and is an important driving force to promote the development of enterprises.With the continuous progress and development of China’s economy and society,the level of residents’ consumption has been rising,and a large number of private enterprises have mushroomed into the market.The pressure of industry competition has become increasingly fierce.In addition to the continuous impact of the outbreak of the COVID-19 epidemic,many private enterprises are facing severe challenges of transformation and survival.In order to encourage the healthy and orderly resumption of private economy,the state has issued a series of supporting policies,including tax and fee reduction policies,which can help enterprises reduce their burdens and enjoy the "real gold and silver" dividends,which will directly affect all aspects of enterprise working capital management.Today,the haze of the epidemic has dissipated,and economic development has ushered in new vitality.Under the background of this favorable policy,how to maximize the advantages of tax policy,actively and effectively optimize the management of working capital,comprehensively improve the efficiency of capital use,and ensure that capital security is in place is an important issue facing private enterprises in China.However,at present,many private enterprises in China do not attach importance to the management of working capital,and the level of fund management is far from enough.Therefore,the research on working capital management of private enterprises has important theoretical and practical significance.This paper selects H private enterprises as the research object.H enterprises belong to the largest number of small and medium-sized micro enterprises in the private industry,and the working capital management situation is representative.First,this paper starts from the actual operating conditions of enterprise H,analyzes the actual status of its operation,finance and capital,and then analyzes the impact of tax and fee reduction policies on the management of enterprise working capital from three aspects of tax burden,cost and profit.Finally,combined with the analytic hierarchy process,this paper constructs the evaluation system of enterprise H’s working capital management from three aspects of profitability,liquidity and risk of working capital management,Determine the weight and performance score,and further evaluate and analyze according to the score.The evaluation results are as follows: in terms of profitability,the performance level of operating return on assets is low;In terms of liquidity,the turnover ability of accounts receivable is weak,and the completeness of funds is poor;In terms of risk resistance,the ability to resist risks is at the lower level of the industry,and the ability to resist risks is relatively weak.Finally,in view of the problems diagnosed,combined with the actual situation of enterprise H and the tax and fee reduction policies,the corresponding improvement countermeasures are proposed,namely,actively establish the correct capital management concept,optimize tax planning,broaden financing channels,reduce the risk of working capital,and comprehensively enhance the core competitiveness of enterprises.The innovation of this article lies in taking the national policy hotspot of tax reduction and fee reduction as the starting point,and combining with the particularly important private enterprises in the national economy as the research object,exploring how private enterprises can use macro policy support to effectively respond to fund management risks and achieve sustainable and healthy development in the process of national economic recovery and development after the impact of the epidemic.At the macro level,theoretical research will be applied to practice,exploring ideas for further promoting tax policies to assist the development of private enterprises,and at the micro level,providing reference for H private enterprises and related enterprises to formulate practical and effective fund management optimization plans.
Keywords/Search Tags:Tax reduction and fee reduction, Private enterprise, Capital operation management
PDF Full Text Request
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