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Research On The Evaluation System Of Three-dimension Financial Competitiveness Of Manufacturing Companies

Posted on:2018-08-04Degree:MasterType:Thesis
Country:ChinaCandidate:J H SuFull Text:PDF
GTID:2359330515967573Subject:Accounting
Abstract/Summary:PDF Full Text Request
China has introduced "13th Five-Year Plan" relevant policy in 2015,and has put forward specific implementation of "Made in China 2025".The year 2016 marks the beginning of China's 13 th Five-Year Plan period.Manufacturing is the leading industry of the national economy in China.Whether the transformation and upgrading of the manufacturing can be completed smoothly or not affects the development of China's economic future.The transformation and upgrading of the manufacturing industry affects survival of the fittest of the manufacturing enterprises.It should be correctly recognize and evaluate.The evaluation system of three-dimension financial competitiveness offers a scientific and effective evaluation tool.The evaluation system of three-dimension financial competitiveness can evaluate the level of financial competitiveness and make guidance for its development.This article bases on manufacturing listed companies from 2013 to 2015 as samples.Firstly,using the porter diamond model and puting forward the concept of three-dimension financial competitiveness.It is driven by innovation,based on the internal resources configuration activities,coordinated with internal and external stakeholders interests,created value for the enterprise's financial integration ability,and it is the manifestation of enterprise competitiveness in the financial aspect.It can be divided into innovation dimension competitiveness,resource configuration dimensions competitiveness,interest coordination dimension competitiveness.These three dimensions promote each other and influence each other,constituting the three paths of financial competitiveness of ascension.Secondly,this article theoretically discusses the feasibility of using porter diamond model into the financial competitiveness analysis and the mechanism of three dimensions,selects representative indexes,and uses the method of empirical research and empowerment.Through the main factor extraction and variable empowerment,it is concluded that three-dimension financial competitiveness score.Three comprehensive factors(innovation factor,resource configuration factor,interests coordination factor)affect manufacturing enterprise financial competitiveness from three main aspects portraiting manufacturing enterprise financial competitiveness and comprehensive performancing for three-dimension financial competitiveness.Thirdly,this study also testes the validity of this evaluation system,and further clarifises that the evaluation system is reasonable and scientific.Finally,putting forward three paths of ascension of manufacturing three-dimension financial competitiveness.The innovation of this paper is using porter diamond model to build the evaluation system of three-dimension financial competitiveness,and regarding the innovation dimension as an important dimension of three-dimension financial competitiveness.Highlighting this dimension will help manufacturing successfully complete transformation and upgrading.
Keywords/Search Tags:Three-Dimension Financial Competitiveness, Evaluation System of Financial Competitiveness, Porter Diamond Model
PDF Full Text Request
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