Enterprise financial management

Author: Chen Tianquan
Publisher:
Publish Date: 2003-02-01
Features: This book fully considers the establishment of China's modern corporate system and the significant changes in the corporate financial management environment following its entry into the WTO. The content is structured to be as closely aligned with Chinese realities while remaining internationally, balancing practicality and forward-thinking. It reexamines the mutual checks and balances among various stakeholders from the perspective of modern corporate governance, applying agency theory. The book explores international financial management and introduces the financial concept of equating risk with return throughout the entire process of financing, investment, working capital management, and profit and distribution, using time value and risk value as the two main threads of financial management. In response to the prevalent trend of corporate mergers and reorganizations, the book also provides an enhanced introduction to the knowledge of capital operations.