基于价值链的广汽集团现金流风险管理研究

LZUFE-KMS > 会计学院

作者	马海燕
姓名汉语拼音	Ma Haiyan
学号	2019000008064
培养单位	兰州财经大学
电话	18393813286
电子邮件	1712079695@qq.com
入学年份	2019-9
学位类别	专业硕士
培养级别	硕士研究生
一级学科名称	会计
学科代码	1253
授予学位	会计硕士学位
第一导师姓名	雒京华
第一导师姓名汉语拼音	Luo Jinghua
第一导师单位	兰州财经大学
第一导师职称	教授
第二导师姓名	高杰
第二导师姓名汉语拼音	Gao Jie
第二导师单位	国网甘肃省电力公司建设分公司
第二导师职称	高级会计师
题名	基于价值链的广汽集团现金流风险管理研究
英文题名	Study on Cash Flow Risk Management of GAC Group in the View of Value Chain
关键词	广汽集团价值链现金流风险管理
外文关键词	Cash flow risk management ; Value chain ; GAC Group
摘要	由于信息化与经济的发展以及全球化的推进，各企业之间都被紧密联系起来，企业在满足自身经营发展的基础上，还要不断与外界联系合作，拓展自己的产业链，谋求发展。企业在持续发展的过程中很容易面临现金流风险，因此对企业进行现金流风险管理成为其经营发展的重要选择。传统的现金流风险管理主要注重公司内部的经营活动，缺乏与价值链上下游及金融机构的紧密联系，为了企业未来更好的发展，企业不仅要发展内部的经营管理活动，同时还要与外界紧密合作，更好地利用现金流实现企业价值最大化。汽车制造业是资金密集型行业，对现金流的要求较高，因此科学有效的现金流风险管理对该行业至关重要。本文选取我国汽车制造业中的广汽集团作为案例对象，基于价值链的角度，首先，识别广汽集团内外部价值链上存在的现金流风险，总结其产生风险的原因，其中外部因素包括经济形势严峻、金融政策紧缩和宏观政策影响；内部因素包括存货积压周转慢、应收账款占比大、银行借款金额大、融资方式单一以及研发效率不高。再次，从现金流管理的安全性和创值性出发，用 Logistic 法通过现金流的五个方面选取指标构建模型，将广汽集团的现金流风险大小进行量化。最后，根据广汽集团存在的现金流风险，从内外部价值链上提出控制措施，内部价值链包括完善采购流程、优化生产模式、提升收现能力和注重研发等措施，外部价值链包括建立供应商和银行价值联盟、加强客户关系管理，同时还从制度、组织、人员和技术四个方面提出了策略实施的保障措施，希望对广汽集团的现金流风险管理有一定的帮助。
英文摘要	Due to the development of information and economy as well as the advancement of globalization, all enterprises are closely linked. On the basis of satisfying their own business development, enterprises also need to constantly contact and cooperate with the outside world to expand their own industrial chain and seek development. Enterprises are easy to face cash flow risk in the process of sustainable development, so cash flow risk management for enterprises has become an important choice for their operation and development. Traditional cash flow risk management mainly focus on the operation of the company internal lack of close ties with the value chain upstream and downstream and financial institutions, in order to the better development of enterprises in the future, the enterprise should not only develop the internal operation and management activities, as well as work closely with external, better use of cash flow to maximize the enterprise value. The automobile manufacturing industry is a capital-intensive industry with high requirements on cash flow, so scientific and effective cash flow management is of great importance to the industry. In this paper, GAC Group in China's automobile manufacturing industry is selected as the case object. Based on the value chain perspective, firstly, the cash flow risks existing in GAC group's internal and external value chain are identified, and the causes of the risks are summarized. The external factors include severe economic situation, financial policy tightening and macro-policy impact. Internal factors include slow turnover of overstocked inventory, large proportion of accounts receivable, large amount of bank loans and financing single mode of capital and low efficiency of research and development. Thirdly, starting from the safety and value creation of cash flow management, the Logistic method is used to build a model through the five aspects of cash flow to quantify the cash flow risk of GAC Group. Finally, according to the cash flow risk of GAC Group, the control measures are put forward from the internal and external value chains, including improving procurement process, optimizing production mode, improving cash collection capacity and paying attention to resesrch and development. The external value chain includes establishing value alliance between suppliers and banks, strengthening customer relationship management, and at the same time, it also puts forward the safeguard measures for the implementation of the strategy from four aspects of system, organization, personnel and technology, hoping to be helpful to the cash flow risk management of GAC Group.
学位类型	硕士
答辩日期	2022-05-28
学位授予地点	甘肃省兰州市
研究方向	注册会计师
语种	中文
论文总页数	80
插图总数	6
插表总数	26
参考文献总数	68
馆藏号	0004467
保密级别	公开
中图分类号	F23/790
文献类型	学位论文
条目标识符	http://ir.lzufe.edu.cn/handle/39EH0E1M/32146
专题	会计学院
推荐引用方式 GB/T 7714	马海燕. 基于价值链的广汽集团现金流风险管理研究[D]. 甘肃省兰州市. 兰州财经大学,2022.

条目包含的文件		下载所有文件
文件名称/大小	文献类型	版本类型	开放类型	使用许可
2019000008064.pdf（3500KB）	学位论文		开放获取	CC BY-NC-SA	浏览下载