The Knowledge Economy And The Research Of Chinese Financial Management Innovation

It is from the development of financial management that we know no historic leap of study does not relate to the social background at that time. The coming of knowledge economy both provides challenges and creates opportunities for the development of Chinese financial management. Thus,innovation is becoming the chances and the due way of the further development of Chinese financial management,which is illustrated from the direction of innovation and the realistic selection of innovation in this article. The innovation direction of financial management explains the development tendency of Chinese financial management under the knowledge economy circumstances. The objective innovation direction of financial management is the structure that revolves around the broad financial resources allocation;The conception innovation direction of financial management includes the management finance conception based on human management finance conception of united competition and corporation management finance conception of risk,management finance conception of information and management finance conception of knowledge;The method innovation direction of financial management embodies the trends about network,reproduction,system,project and strategy;The institution innovation direction of financial management which is based on the financial administration structure highlights that the interest-related participates in decision-making,the holder of maximum human capital possesses the most important financial administration rights ,financial administration is adjusted according to opportunities,the knowledge and economics experts participate in the financial administration;The content innovation direction of financial management insists admitting the knowledge capital into financial management scope admitting the capital operation into financial management system,building the interest-related financial management system,reforming the method and content of cost management,valuing the promotion of risk management level. The realistic selection illustrates the possibilities of Chinese financial management innovation under the knowledge economy circumstances. The objective innovation suggests the financial managementobjective system that includes the total objective-economic value added rate and the subsidiary objective such as the optimum of cash stream the optimum of capital profit rate the optimum of allocation value added rate;The conception innovation of financial management builds the financial management conception system that revolve around the maximum of economic value added rate objective,which includes objective judgment conception. legal conception and moral conception system ;The method innovation of financial management offers five developed technologies of financial management that includes network finance,financial reproduction tactics financial resource planning financial project and financial strategy;The institution innovation of financial management designs the institution structure of financial management with the enterprise financial management content and financial subjective behavior from the decision of innovation principle,as well as mentions the concrete content of financial institution innovation;The content innovation of financial management highlights adjusting the point of financing management and investment management transforming the objective of inventory management reforming the model of profit allocating improving the level of risk management promoting the financial analysis and appraisal system.