Research on the Impact of BYD Group’s Green Innovation on Corporate Financial Performance under the Background of“Dual Carbon”

With the increasingly severe global climate change problem,the“dual carbon”goals(peak carbon emissions and carbon neutrality)have become a common focus of international attention.The report of the 20th National Congress of the Communist Party of China clearly emphasizes the need to accelerate the green transformation of development models,implement comprehensive strategies for frugal development,support the growth of green and low-carbon industries,and promote the concept of green consumption.At the same time,“Made in China 2025”also elaborates on the strategic concept of innovation-driven and green development centered,and strives for breakthroughs in key industries such as new energy vehicles.In such a macro environment,adopting green innovation measures by enterprises not only contributes to ecological protection but also has an undeniable impact on their economic performance and overall value.This article takes BYD Group as a case study to explore in detail the positive effects of green innovation on its economic performance.We first systematically organized and analyzed BYD’s specific practices in green innovation;Then,by examining three key financial indicators,BYD’s current financial situation was analyzed in depth;On this basis,combined with research data,the positive impact of green innovation on BYD’s financial performance was revealed;Finally,based on the analysis results,relevant suggestions are proposed to provide reference for the sustainable development of enterprises in the context of“dual carbon.”

Impacts and Adaptation: From the Points of View of Financial Management System in Enterprise Groups

The integration of international economy dominated wi th the financial market leads to fierce competition. This requires firms impleme nt modern corporate financial mechanism. From the view of the current situation of financial management in China, we demonstrates the differences in financial m anagement between Chinese enterprises and international companies by describing detailed case studies of typical large enterprises in China. To transform the enterprise management mechanism, the enterprise financial m echanism must be transformed accordingly. The basic ideas for its transformation and establishment include: 1. Changing the managerial ideology, that is, completing the ideological chan ge from the management of goods to the management of capital; 2. Establishing a scientific organizational mechanism for financial managemen t; 3. Establishing a mechanism for scientific management, supervision and assess ment; 4. Training high-level financial management personnel with modern management knowledge; 5. Dividing promotion center, distribution center, cost center and profit cen ter in financial division. In view of the above basic ideas and basic principles for the transformation and establishment of enterprise financial mechanism, we found that: the basic conte nt that needs transformation in the theory of China’s traditional enterprise fin ancial mechanism should include the content of finance main body, the content of financial objectives, the content of financial organizational structure and the content of environment for financial management. At the same time the following theories should be introduced, particularly the theories of capital time value, of risk in finance management and risk management, of the capital cost and capi tal structure, so as to establish a basic theoretical framework for the modern e nterprise financial mechanism. Based on the analyses, this paper discusses the impacts of economic globaliz ation to Chinese large enterprises and their financial management systems. From the current situation of Chinese companies’ financial management, this paper dem onstrates the adaptations to the differences in financial management of Chin ese enterprises with case study.

A Discussion on the Establishment of Financial Shared Service Center for Medical Groups

Financial transformation has become a trend,and under the influence of medical reform policies,such as the zero-price difference in pharmaceutical consumables and medical insurance payment by disease,the cost pressure on the medical industry is exceptionally high.The primary focus of this paper is on how to integrate resources and obtain cost advantages through financial shared service center,so as to increase the competitiveness of regional medical groups.

A group decision model for credit granting in the financial market

Group decision models that contemplate the particularities of the decision-making process help organizations pursue their strategic objectives.In the financial market,the primary interest of organizations consists in ensuring financial returns,which guarantee stability for the organization.This study identifies major problems in the current process of credit granting in the financial market and argues the need for automatizing the organizational decision process while respecting the autonomy of decision-makers.To this end,this study proposes a group decision model based on the Strategic Choice Approach(SCA)for granting credit in a financial market organization.The results show that the adoption of the proposed model offers considerable gains in terms of organizational goals,transparency of the decision-making process,security for decision-makers,and reduction of organizational conflicts.

Some Thought on the Financial Management for Regional Chain Retailers -- A Case Study of Wuhan Zhongbai Group Co., Ltd.

Nowadays, the chain management, as an important core to financial management, has become the consensus of entrepreneurs and economic circles. As a well-developed retailing enterprise in Hubei province, the financial management of Wuhan Zhongbai Group Co., Ltd serves a good references for other enterprises. This thesis aims to provide some references for other regional retailing enterprises through analysis on the financial status of Wuhan Zhongbai Group Co., Ltd.

Lessons from the Real World: Financial Incentives to Improve Glycemic Control in Patients with Type 2 Diabetes

Objectives: While the value of glycemic control to minimize adverse health outcomes among patients with diabetes is clear, achieving hemoglobin A1c (A1c) goals remain a challenge. We evaluated the use of financial incentives to increase enrollment and improve glycemic control among patients invited to participate in a monthly diabetes group appointment (DGA) as part of their enrollment in DaVita HealthCare Partners, a large southern California managed care organization. Methods: Adult diabetes patients (≥18 years) with a currently uncontrolled hemoglobin A1c level (>8.0% if 9.0% if ≥ 65 years) were randomized to 1) no DGA, 2) DGA with no financial incentives (non-incentive DGA) or 3) DGA with financial incentives (incentive DGA). Results: Nine sites among four regions of the greater Los Angeles area participated. Each site offered one non-incentive DGA and one incentive DGA. Over 1500 patients were identified for recruitment and at the peak of enrollment, 299 patients were enrolled in 18 DGAs. On average, hemoglobin A1c values dropped more for patients participating in the incentive DGA (9.9% to 8.7%, -1.2%) versus non-incentive DGA (9.7% to 9.0%, -0.7%) versus no DGA group (9.1% to 8.7%, -0.4%). Several unexpected implementation challenges arose which complicated evaluation but provide important learning lessons. Conclusions: Management of chronic diseases like diabetes is challenging for patients and the primary care system alike. Continuing to implement and evaluate programs under “real-world” conditions can provide further insight into how best to support patients with diabetes and their primary care teams in order to achieve glycemic control and avoid preventable complications.

Alternative measure of financial development and investment-cash flow sensitivity:evidence from an emerging economy

This study examines the impact of financial development on corporate investment in terms of their influence on financing constraints.This study also tries to find the effect of financial development on the investment-cash flow sensitivity across the size,degree of financial constraints and group affiliation of the firm.This study employs dynamic panel data model or more specifically system generalized method of moments(GMM)estimation technique.The estimation results reveal that cash flow affects the investment decision of the company positively,which implies that Indian firms are financially constrained.Also,we observe that financial development reduces the investment-cash flow sensitivity and the effect of financial development is more prominent for small size and standalone firms.The results are robust across the period and,for both financially constrained and unconstrained firms.This study contributes to the existing literature by analyzing the impact of financial development on the role of cash flow in determining investments undertaken by the Indian firms,which is an unexplored issue from an emerging market perspective.

Financial sector development and Investment in selected countries of the Economic Community of West African States: empirical evidence using heterogeneous panel data method

This study investigated the impact of financial sector development on domestic investment in selected countries of the Economic Community of West African States(ECOWAS)for the years 1985–2017.The study employed the augmented mean group procedure,which accounts for country-specific heterogeneity and crosssectional dependence,and the Granger non-causality test to test for causality in the presence of cross-sectional dependence.The results show that(1)The impact of financial sector development on domestic investment depends on the measure of financial sector development utilised;(2)Domestic credit to the private sector has a positive but insignificant impact on domestic investment in ECOWAS,whereas banking intermediation efficiency(i.e.,ability of the banks to transform deposits into credit)and broad money supply negatively and significant influence domestic investment;(3)Cross-country differences exist in the impact of financial sector development on domestic investment in the selected ECOWAS countries;and(4)Domestic credit to the private sector Granger causes domestic investment in ECOWAS.The study recommends careful consideration in the measure of financial development that is utilised as a policy instrument to foster domestic investment.We also highlight the importance of employing country-specific domestic investment policies to avoid blanket policy measures.Domestic credit to the private sector should be given priority when forecasting domestic investment into the future.

Credit granting sorting model for financial organizations

Considering the environment of risks and influences inherent in the decision-making process for credit-granting operations,it has become a matter of survival for financial organizations to seek to improve how they engage in effective decision-making to ensure that their returns on invested capital will meet the expectations established at the beginning of the process.A credit-granting sorting model for financial organizations is proposed.The model aggregates the perspectives of different decision-makers to support an organization in the process of credit analysis and,consequently,to improve its operationality.The decision-making model is based on the ELECTRE TRI-B multicriteria method.It sorts credit-granting proposals into three classes,namely credit approved,technical analysis,and credit rejected.The group decision emerges from the decision rules of the organization’s executive board.This new proposed approach to dealing with credit-granting results in the systematization of credit analysis,reduction of doubt among decision-makers,avoidance of the emergence of informal groups,reduction of conflicts within a financial organization,and external interferences.

农村扩中群体的家庭财务报表识别机制研究:基于浙江共同富裕先行示范区的实践探索

基于家庭财务报表构建扩中群体识别机制对提高财政支持政策的精准性、加快实现共同富裕具有重要意义。在厘清浙江省现有扩中群体识别机制构建取得的进展与存在的不足的基础上,梳理农业经营主体家庭财务报表的编制探索、应用进展及对扩中群体识别的启示,进而提出基于家庭财务报表改进扩中群体识别指标的思路和完善识别机制的建议。分析表明,现有实践从财产、社保、职业、收入等维度构建相对富裕群体的识别指标体系并运用排除法锁定扩中群体有其合理性和推广价值,但还面临标准设置权威性与精准性欠佳、指标选取不足、缺乏动态修正机制等挑战。浙江省农业融资担保有限公司探索编制了农业经营主体家庭财务报表,对完善扩中群体识别机制产生有益启发。基于家庭财务报表识别扩中群体存在关键收入与支出数据缺乏、资产价值评估标准难统一、线下数据采集质量不高、数据动态更新与共享机制滞后等不足。鉴于此,从排除法指标调整、修正类指标补充和直接类指标拣选3个方面提出改进扩中群体识别的可能思路,并从完善农村家庭财务报表设计、改进家庭结构画像和经济画像规则、强化数字化支撑、完善配套支撑机制等方面提出政策建议。

疾病诊断相关分组支付方式对三甲中医院财务管理的影响及应对策略

探讨了疾病诊断相关分组(DRG)支付方式对三甲中医院财务管理的影响并提出应对策略。结合所在医院随机抽取的某月各科室相关数据,运用DRG支付方式下的相应指标并结合波士顿矩阵理论模型进行全面综合评价分析。2023年1月,所在医院5个科室CMI值高于全院平均水平,且盈余情况良好;8个科室CMI值低于全院平均水平,但有盈余;14个科室CMI值低于全院平均水平,且还有亏损;8个科室CMI值高于全院平均水平,却有亏损。DRG支付方式对三甲中医院来说,既是机遇也是挑战,对三甲中医院信息化数据系统、成本核算精细化提出高要求,对预算管理、拓展收入增长内涵提出新要求。三甲中医院应重视病案质量主体培训,强化成本内控,转为质量效益型运营管理模式,应用临床路径以“提质控费”,发挥中医药优势学科,结合中医治疗特点来制定适合中医发展的DRG支付方式。

ESG信息披露能否抑制股票价格波动风险?

基于2009—2022年沪深两市A股上市公司的样本数据,使用多时点双重差分法探究ESG信息披露对股票价格波动风险的影响。通过实证分析发现:ESG信息披露抑制了股票价格波动风险,这一结论在经过一系列稳健性检验后依然成立。机制检验结果显示:ESG披露主要通过降低机构投资者抱团来抑制股价波动。进一步分析发现:外部的媒体关注强化了ESG信息披露的风险降低效应。异质性检验表明:在制造业等特定行业、信息披露质量高以及中、东部地区的企业中,ESG披露对股价波动风险的抑制作用更强。研究在理论上为探索ESG信息披露的经济后果研究提供了新的视角,在实践上为资本市场的发展与稳定以及风险防范提供了一定的经验证据。

产教融合背景下应用型高校金融工程专业课程群优化建设

产教融合背景下,应用型高校金融工程专业课程群优化建设对实现教学与就业无缝连接,为金融行业提供有效专业教育供给具有重要意义。通过分析金融工程专业课程群优化建设的必要性及其存在的主要问题进一步对应用型高校金融工程专业课程群进行分类设计,提出了要以当前岗位任务及岗位能力需求为导向进行课程群的优化建设。此外,应用型高校应以校企资源融合为课程群建设的基础和保障,通过搭建教师沟通平台整合教学内容,突出教学特色,最终实现课程群的动态持续优化。

财政资金支持与低收入群体持续增收

促进欠发达地区农民持续增收是实现乡村全面振兴的经济基础。本文基于2006—2019年县级面板数据,以脱贫县农民为研究对象,使用合成控制法评估财政资金支持力度下降后欠发达地区低收入群体的收入增长情况及地区异质性。研究发现:与合成县相比,约35.48%的县的农民收入增长幅度上升,约45.16%的县下降,约19.36%的县基本无差异。财政收入端和支出端的共同挤压使得地方政府财政支出压力增大,进一步对地方政府整体财政支出产生约束,进而对不同自我发展能力的地区产生异质性影响。进一步分析表明,产业结构优化与基础设施建设提升了欠发达地区的自我发展能力,为低收入群体持续增收提供了原动力。

财务共享服务中心在企业集团中的应用研究

随着我国经济的高速发展,全球化进程的加速推进,我国大型企业集团在国内外经济中都占有举足轻重的地位。企业集团作为有着共同经营发展战略目标的多级法人结构的经济联合体,具有规模巨大、成员构成复杂、组织结构多样等特点。为了适应经济环境变化、提升企业的核心竞争力、降低企业管理成本、加强财务管控能力、强化内部控制效率,我国众多大型企业集团开始构建财务共享服务中心(Financial Shared Service Center,FSSC)。文章结合FSSC标准化、专业化、服务化等特点和FSSC资源整合、效率提升、价值创造等优势,以我国企业集团构建FSSC的发展进程和运营模式为切入点,从企业集团纷繁复杂的财务管理架构、专业的FSSC人员稀缺、业财融合及信息化建设存在信息流和技术流的双向壁垒、以及风险管控等方面,深入剖析FSSC应用中存在的问题,并提出合理化的应对措施,旨在探索出符合我国企业集团特征,能够促进企业发展、增强核心竞争力的FSSC运营模式。以期通过将大数据、人工智能等创新技术运用到FSSC中,推进财务数智化转型,提升数据质量、防范财务风险,为我国企业集团构建世界一流财务管理体系提供参考与借鉴。

论新时期集团企业如何多举措加强财务内部控制

随着我国社会经济的发展,集团企业的规模日益扩大,数量也逐渐增多。由于集团企业子公司业务涉及领域广、资金流量大,因此难以贯彻落实财务内部控制制度,财务管理工作经常出现各种问题,在降低集团企业经营效益的同时,也大大增加了风险出现的概率,给集团企业的生产经营带来了不利影响。文章在阐述集团企业加强财务内部管控重要性的前提下,分析了现阶段集团总部和子公司财务管控出现的问题,并提出了对应的优化措施,以期能够给予其他集团企业一定的参考。

建筑集团公司财务共享中心内部控制问题研究

随着经济全球化的发展和互联网信息技术的快速更新,社会发展速度不断加快。近年来,作为国民经济重要支柱的建筑业发展迅速,建筑集团公司在管理方面面临更多的挑战。目前部分企业已经利用数字技术建立了财务共享中心,该管理模式作为建筑集团公司财务管理的重要组成部分,对提高其财务管理效率、优化财务组织结构以及增强风险控制能力具有重要作用。然而,在实际运营过程中,财务共享中心内部控制问题逐渐凸显。文章深入建筑集团公司内部进行研究,分析财务共享中心内部控制存在的问题,并提出有针对性的措施。

集团企业财务内部控制存在的问题及对策

财务内部控制是集团企业运营管理中的重要组成部分,能够在保证企业财务管理机制稳定运行的前提下,帮助企业节约管理成本,提高资本运作效率,降低财务风险。基于此,文章围绕集团企业财务内部控制展开研究,重点阐述了财务内部控制的实施意义,结合当前集团企业财务内部控制中存在的相关问题,有针对性地提出优化对策,旨在规范财务内部控制管理流程,保证集团企业各项业务活动的有序开展。

高校金融科技课程群数字化转型:理论内涵与实践方略

金融科技课程群数字化转型,是回应时代变迁和行业需求的重要途径。文章分析金融科技课程群数字化转型的内涵、高校金融科技课程群数字化转型的特征、高校金融科技课程群数字化转型的现实依据,探讨高校金融科技课程群数字化转型的实践框架,指出要注重数字化理念革新、注重数字化资源更新、注重数字化教学模式创新、注重数字化教学评价求新、构建可持续发展课程生态系统,以保证高校金融科技课程群数字化转型的可持续推进。