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Study On Financial Management Of Hubei Expressway Management Corporation

Posted on:2003-03-09Degree:MasterType:Thesis
Country:ChinaCandidate:J J WanFull Text:PDF
GTID:2156360065455375Subject:Management Science and Engineering
Abstract/Summary:PDF Full Text Request
With the great exploitation of the west region of our country carried out and the news of our country joining in WTO,the expressway construction is confronted with the unprecedented opportunities and challenge,and how to adapt the new situation,and the project services emphasized on reviving the kept capital of our province expressway have been an important task we faced. With the new "accounting law" carrying out,it suggested the new request with the financial affairs management of our province expressway management,we must analyze and study the present situation of our province expressway construction and management,and summarize the experience and lesson,and suggest the new way and the new thinking to improve the financial affairs management work. To adapt to new situation and promote the economy,many districts accelerate their paces in the construction of basic traffic facility;difficult tasks and the lack of fund are the problems in front of the traffic administration. The traffic administration should emphasize on fastening the management of raising money and broaden the channels of raising money even more. In this situation,the financial management of expressway management corporation should avoid the mistaken of raising maximum money,and aim at maximizing the value of company stably,by the reasonable management,and adopt the optimum financial policy,with the situation our considering the funds time value and risk reward,and continuously increase corporation riches,and make corporation total values to the maximum. In the management of raising money,investing,running capital and profit distributing,both the current need and the future should be taken into account before the correct financial decisions are made. From now on,our province expressway having been made or going to be made would all be managed by corporation,and the expressway management corporations will be legal person entity of independently accounting and assuming sole responsibility for its profits or losses. The economy profits are corporation's lives,and corporation economy profits cannot depart from the financial management. It studies the financial management of expressway management corporations,withthe management system of expressway,and to realize the targets of corporation financial management,and expressway management corporations sliould lay down the correct financial management system and strategy. The financial management system and strategy should not depart from our province realities,with the basis of this article analyzing our province expressway management corporations managing system,and it discusses the financial management system of our province expressway management corporations. After that,forming the theory of concentrating and scattering power,it suggests the financial management strategy of our province expressway management corporations:the strategy can be located as that,guided by our province transportation construction development strategy,with the target of corporation value to the maximum,and raising the necessary funds for our province expressway management corporations strategically developing,and the inner of corporations effectively managing and running these funds. To improve the accuracy and science,it discusses the utilization of several quantitative analysis ways of simpler and convenient for the financial affairs persons of our province expressway management corporations to grasp.
Keywords/Search Tags:Expressway Management Corporation, Financial Management, The Aim of Financial Management, Financial Management Strategy
PDF Full Text Request
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