Stable financial management: Comprehensive control of cash flow

Author: Wang Xiaofei, Wang Yunpeng
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 stability in fierce competition. Generally, achieving revenue maximization means generating as much income as possible while minimizing costs and expenses. However, even in profitable companies, bankruptcy is a possibility. In fact, for a company's development, it is not only important to achieve growth but also to maintain stable cash flow to sustain normal operations. It is evident that if a company is unable to meet its debt obligations, even with substantial profits, its financial health may still be questioned.
This book elucidates corporate financial management methods from the perspective of comprehensive control over corporate cash flow, aiming to achieve the goal of steady financial management.