Open AccessThoughts on Reconstruction of Financial Control System in Chinese Listed Companies in Perspective of Systems Theory
Author(s) -
Yong Cheng
Publication year - 2012
Publication title -
international journal of business administration
Language(s) - English
Resource type - Journals
eISSN - 1923-4015
pISSN - 1923-4007
DOI - 10.5430/ijba.v3n4p67
Subject(s) - business , control (management) , china , perspective (graphical) , order (exchange) , capital market , finance , listed company , capital (architecture) , accounting , economics , computer science , management , archaeology , artificial intelligence , political science , law , history
In the circumstance of fast development of China’s capital market, the increasing number of listed companies, and the more complicated corporate financial environment, companies should introduce the systems theory into corporate financial control and build more effective corporate financial control system in order to achieve survival and development. On the basis of systems theory, this paper analyzes the barriers for the implementation of financial control system in Chinese listed companies and the reasons, and tries to reconstruct and implement the corporate financial control system