The aim of this study was to investigate the growth of a timber haulage company and the entrepreneur behind the growth. The purpose of the study was to find out what kind of impact strategic management has on the grow...The aim of this study was to investigate the growth of a timber haulage company and the entrepreneur behind the growth. The purpose of the study was to find out what kind of impact strategic management has on the growth of profitability. Entrepreneurs＇ financial and strategic objectives were studied, as well as growth strategies and their implications. Studied companies were all located in Finland. The research material was collected by personal interviews in 2008 from 23 entrepreneurs. Their financial statements from 2001 to 2007 were also taken into account. The study found that the role of management seems to be crucial in profitable growth and much more meaningful than, for example, the financial situation. Strategic objectives and chosen growth strategy seem especially to be key elements for successful growth. Particularly in low profit sectors, management should not focus growth purely on current conditions, but also on seeking other ways to exploit the company＇s resources.展开更多
In recent years, the number of the listing corporations in China is increasing, and the promotion of the national economic development is also more obvious. But in the process, because of the short time onto the marke...In recent years, the number of the listing corporations in China is increasing, and the promotion of the national economic development is also more obvious. But in the process, because of the short time onto the market and the lack of the expvrience, some of the listed companies also cannot be compared with the enterprises in the western developed countries in a large extent. Especially in the aspect of the financial management, there are many defects. For example, the control efforts of the financial risks arc inadequate, and the awareness of the management personnel and the employees on the risks is weak, and so on In this case, the listed corporations must strengthen the management of the company＇s financial risks, develop the more comprehensive financial risk managernent system, and thus ensurc that the companies can have the healthy, stable and sustainable development.展开更多
文摘The aim of this study was to investigate the growth of a timber haulage company and the entrepreneur behind the growth. The purpose of the study was to find out what kind of impact strategic management has on the growth of profitability. Entrepreneurs＇ financial and strategic objectives were studied, as well as growth strategies and their implications. Studied companies were all located in Finland. The research material was collected by personal interviews in 2008 from 23 entrepreneurs. Their financial statements from 2001 to 2007 were also taken into account. The study found that the role of management seems to be crucial in profitable growth and much more meaningful than, for example, the financial situation. Strategic objectives and chosen growth strategy seem especially to be key elements for successful growth. Particularly in low profit sectors, management should not focus growth purely on current conditions, but also on seeking other ways to exploit the company＇s resources.
文摘In recent years, the number of the listing corporations in China is increasing, and the promotion of the national economic development is also more obvious. But in the process, because of the short time onto the market and the lack of the expvrience, some of the listed companies also cannot be compared with the enterprises in the western developed countries in a large extent. Especially in the aspect of the financial management, there are many defects. For example, the control efforts of the financial risks arc inadequate, and the awareness of the management personnel and the employees on the risks is weak, and so on In this case, the listed corporations must strengthen the management of the company＇s financial risks, develop the more comprehensive financial risk managernent system, and thus ensurc that the companies can have the healthy, stable and sustainable development.
