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Management Research Of Baoji Titanium Industry Co.Ltd.Obligatory Right

Posted on:2013-02-27Degree:MasterType:Thesis
Country:ChinaCandidate:J XuFull Text:PDF
GTID:2249330374971634Subject:Business Administration
Abstract/Summary:PDF Full Text Request
Recently, the European sovereign debt crisis and the slowdown of American economy have brought a new uncertainty for the world economic growth. Constant financial risks, excess capacity...... With the adjustment and transformation of economic structure, China’s economy moved forward through difficulties and dangers. Export orders shriveled. Resource products’prices kept rising. Basic resources of coal, oil and iron ore, non-ferrous metal, and grain became less and less. Rising labor costs caused an increase in factory prices of industrial products and made an influence on industrial development space. Because of the debt crisis, lots of factories in the eastern coastal area have closed down. There may be more and more factories encountering capital chain rupture and that may put a bad influence to the enterprise’s capital turnover. The increasing credit crisis may lead to more operational risks.Article from the2009Annual Report, the first quarter of2010report, the2010semi-annual report, the2010third quarter report,2010Annual Report, and2011semi-annual report from the aging of accounts receivable, the company accounts receivable aging is mainly concentrated in less than a year, accounting for82.52%of the total accounts receivable;-by-quarter analysis from accounts receivable, accounts receivable is an upward trend. With the expansion of business scale, the accounts receivable amount may also continue to increase. Changes such as ineffective receivables measures taken by the company or customer credit company funds will be occupied due to receivables, receivables, bad debts to increase affect the company’s operating results. Once the receivables, bad debts, make the company assumed the risk of bad debts of accounts receivable, so that the interests of the company’s economic losses.In this paper, the study claims management theory, the theory of risk control and internal control theory, a better understanding of the principle, combined with their own positions, to keep abreast of the trends of economic development, national monetary policy and fiscal policy, flexibility in the use of theoretical knowledge in the work problems are detected, the process to solve problems related to theory. Analysis of corporate debt management status and the problems, propose improved methods to improve the accountability system, strengthen supervision, strengthen risk prevention awareness, take precautions. Learn from other enterprise management system to further improve internal control governance structure, and every link in the process of production operations supervision, to minimize the risk of the enterprise, so that enterprises have a competitive advantage, improve the company’s capital operation ability and long-term long development.
Keywords/Search Tags:Enterprise, Debt Management, Accounts receivable
PDF Full Text Request
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