Open AccessOn the Practical Application of Financial Engineering in Corporate Financial Management
Author(s) -
Xi Xie
Publication year - 2020
Publication title -
financial forum
Language(s) - English
Resource type - Journals
ISSN - 2251-2659
DOI - 10.18282/ff.v9i3.1074
Subject(s) - business , financial management , finance , balance (ability) , balance sheet , corporate finance , strategic financial management , process (computing) , accounting management , accounting , marketing , strategic planning , computer science , medicine , accounting information system , physical medicine and rehabilitation , operating system
The proportion of income and operating expenses will be out of balance once there is no appropriate financial management on the basic finance of corporate operation. The improving of corporate financial management has become the focus of many companies, especially for modern enterprises of strong competitiveness. However, many Chinese companies still adopt traditional financial management techniques, and their effects of risk management are obviously decreasing. Financial engineering is beneficial to the implementation of company’s new management plans. It is essential and plays a critical role in all aspects of business operations. Improvement and innovation should also be made with effort in the process of application.