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A Study on Cash Flow Management of Corporates

Author: DongXinZuo
Tutor: HuangYiQin
School: Capital University of Economics
Course: Accounting
Keywords: Cash flow management Value Creation Transformation process
CLC: F275
Type: Master's thesis
Year: 2008
Downloads: 1558
Quote: 2
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Abstract


Cash is an asset of the enterprise capital performance , blood , cash , circular motion to achieve the key link is the basic premise of business survival and capital appreciation . The cash flow is a barometer of business , production planning , inventory system , credit and reimbursement system will fundamentally determines the financial position , affect the cash flow . In business management , cash flow management concepts and methods is essential for the survival and development of enterprises . In this paper, the concept of cash flow , the theory elaborated on the basis of , first determine the cash flow management objectives - continuing to create value , and then discuss how to manage cash flow from both tactical and strategic , process recycling method , three aspects of the company's cash flow , business processes , and management processes to transform . Business process transformation , can accelerate the recovery of cash , to improve the efficiency and liquidity of the cash , can contribute to the improvement of the business cash flow , strengthen cash flow , profitability and create value . Finally , to conclude : first, the goal of the modern enterprise cash flow management should be of value creation , enterprise development and stakeholder internal demand , but also economic development and competitive inevitable result . Second, cash flow management is not an isolated activity. There are many factors that affect corporate cash flow management objectives , including the external environment , internal factors , the overall management of the enterprise as well as its own development . Third , cash flow management , in particular in the management of enterprises operating cash flows is very important and effective means of process reengineering . Fourth, the strategic planning of the cash flow to determine the long-term cash flow management can create value for the enterprise .

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CLC: > Economic > Economic planning and management > Enterprise economy > Corporate Financial Management
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