Capital Management Of Chinese National Forest Enterprise

Capital management of forestry industry is a comprehensive capital management, under the business development strategy in the communism market economy. The aim of forestry industry capital operation is to protect and increase the capital; its nature is a value management via allocating and utilizing the forestry production factors. It focuses on the increasing the efficiency of capital management.Capital management is one operation method of modern enterprises. Its aim is to increase the capital value. It matches the demand of communism economy development and complies with the trend of modern business development. It can help the business to achieve stable development and maximum profits. The forestry businesses have the characteristics of planned economy. In the market economy, these businesses must implement the capital management to achieve the value addition and sustainable development. As the capital management is related with all the aspects of businesses, such as business strategy, culture, operation system, policies, and management practices, to summarize the rules of capital management in forestry industry, to clarify the ownership, to optimize the resources allocation, to facilitate the forestry businesses to comply with the requirements of market economy will have significant contributions to theory building and management practice.This article will focus on the capital management in forestry industry, and will conduct researches on the theories of stated-owned forestry business capital operation, capital operation environments, strategy development, supporting system development and performance appraisal system design. This study will build an integrated framework for state-owned forestry business capital management. This will be major contribution and innovation of this article.This article will review the development of capital management in state-owned forestry industry; will analyze the issues in the state-owned forestry business management values, operation entities, customers, and marketing. A capital management system which will be helpful to develop healthy operation entities, and facilitate capital rising, investment, and trading will be developed.This article will conduct researches on ecological capital management, commercial capital management and forestry industry capital management. A strategy which focuses on forestry ecological capital management, commercial capital management and forestry industry capital management will be developed.The design of this research considered the nature of forest recourses. It designed a risk management system, motivation system that matches the practical requirements of forestry industry. It developed a supporting system for capital management.This article is built on the current state-owned forestry business performance appraisal system. It took into account the natures of forestry capital management, and added the ecologic and social performance valuation. It has three levels: value measurements, item measurements,...