Sound financial management -- Comprehensive control of cash flow: Comprehensive control of cash flow

Author: Wang Xiaofei
Publisher:
Publish Date: 2004-02-01
Features: This book provides a concise discussion of classic theories in corporate finance, along with decision-making methods tailored to China's specific economic environment, and incorporates numerous case studies to enhance understanding. We believe that after reading this book, readers will gain a deeper and more comprehensive grasp of corporate financial control. We sincerely hope this book will be helpful to a wide range of readers.
As an independent economic entity, a company must achieve revenue maximization to gain a competitive edge and maintain its stability in fierce competition. Generally, maximizing revenue means achieving as much income as possible while minimizing costs and expenses. However, even in profitable conditions, a company may face bankruptcy. In fact, for a company's development, it is not only important to achieve maximization, but also to maintain stable cash flow to sustain normal operations. It is evident that if a company is unable to pay its due debts, even with substantial profits, it will be difficult to gain trust in its financial health.
This book elucidates the methods of corporate finance from the perspective of comprehensive control over corporate cash flow, aiming to achieve the goal of steady financial management.