Financial management

Author: Qin Yonghe
Publisher:
Publishing Date: 2002-01-01
Features: The new century has arrived, and enterprise management is entering a brand-new era. Driven by the wave of economic system reform, Chinese enterprises have gradually established modern enterprise systems characterized by clear property rights, separation of government and enterprise, and scientific management. Among these, scientific management is a vital marker of modern enterprises. How to strengthen enterprise management, especially corporate financial management, is a critical issue that must be addressed by both the theoretical and practical communities of financial management in China. To this end, the author has compiled the book "Financial Management." This book incorporates effective components of financial management theory and practice from developed Western countries while closely linking with China's actual conditions, elucidating the fundamental theories, basic methods, and skills of corporate financial management in China.
Based on corporate financial management, this book not only covers financing management and investment decisions but also elaborates on working capital management, long-term asset management, profit and profit distribution management, financial budgeting, and financial analysis. Additionally, it introduces a new financial topic—capital operation finance. To adapt to the new situation of China's entry into the WTO, the book briefly discusses relevant issues of international financial management.
The writing principles of this book are to be simple yet profound, to combine theory with practice, to integrate Chinese and Western approaches, and to be novel and comprehensive. The theoretical discussions are concise and to the point, with case studies provided to illustrate the methods. The book's features include a close connection with China's financial management practices, an account of the evolution of China's financial management system, an introduction to China's new evaluation system for corporate performance, and the use of new data from China's securities market in relevant chapters. The book also includes new research findings from scholars, such as tax shields in investment decisions and just-in-time management systems.
This book can serve as a textbook for students in higher education institutions and adult higher education programs, as well as a reference for corporate managers and relevant personnel in government agencies. Centered on the movement of corporate funds, the book frames its discussion around the raising, allocation, consumption, income, and distribution of funds, explaining the basic concepts, management principles, and systems of financial management, as well as the business operations of forecasting, decision-making, planning, control, and analysis. The main contents include: General Theory of Financial Management, Value Concepts in Financial Management, Financing Decisions, Investment Decisions, Working Capital Management, Dividend Decisions, Financial Forecasting, and Financial Analysis.
Target Audience: Faculty and students of economics majors in colleges and universities, self-learners, and accounting professionals.