The potential demand on financial risk management has being increased considerably by the reason of Basel 11 regulations and instabilities in economy. In recent years, financial institutions and companies have been st...The potential demand on financial risk management has being increased considerably by the reason of Basel 11 regulations and instabilities in economy. In recent years, financial institutions and companies have been struggled for building up intensive financial risk management tools due to Basel II guidance on establishing financial self-assessment systems. In this respect, decision support system has a significant role on effectuating intensive financial risk management roadmap. In this study, a reformative financial risk management system is presented with the combination of determining financial risks with their importance, calculating risk scores and making suggestions based on detected risk scores by applying corrective actions. First, financial risk factors and indicators of these risk variables are selected and weights of these variables are specified by using fuzzy goal programming. After that, total risk scores are calculated and amendatory financial activities are appeared by means of expertons method which also provides possibilities of the alternative decisions. To illustrate the performance of integrated and multistage decision support system, a survey is applied on the end users.展开更多
The investors and the managers are different interest entities in a firm, so there must be divergences between them in their value reference and goal selection. When a firm wants to determine its financial management ...The investors and the managers are different interest entities in a firm, so there must be divergences between them in their value reference and goal selection. When a firm wants to determine its financial management goal, not all the relevant interest parties need to be considered with, but only the principal entities of them. It＇s necessary to set up the investor supervision mechanism by some certain system arrangement in order to realize the interest maximization of shareholders coinciding with the manager＇s interest maximization pursued by managers.展开更多
Since the release of the“Outline of the National Medium-and Long-Term Education Reform and Development Plan(2010-2020),”“new universities”have garnered widespread attention.The system and mechanism of these“new u...Since the release of the“Outline of the National Medium-and Long-Term Education Reform and Development Plan(2010-2020),”“new universities”have garnered widespread attention.The system and mechanism of these“new universities”are different from those of traditional universities.They have their own ways of running schools,management systems,and personnel training methods,all of which bring a different kind of pressure to government management.Looking from a financial perspective,this is also the key research subject of finance and financial personnel.We put forward implementation suggestions for the construction of the“new university”management system based on the experience summed up in the work and contribute to the country’s higher education.展开更多
文摘The potential demand on financial risk management has being increased considerably by the reason of Basel 11 regulations and instabilities in economy. In recent years, financial institutions and companies have been struggled for building up intensive financial risk management tools due to Basel II guidance on establishing financial self-assessment systems. In this respect, decision support system has a significant role on effectuating intensive financial risk management roadmap. In this study, a reformative financial risk management system is presented with the combination of determining financial risks with their importance, calculating risk scores and making suggestions based on detected risk scores by applying corrective actions. First, financial risk factors and indicators of these risk variables are selected and weights of these variables are specified by using fuzzy goal programming. After that, total risk scores are calculated and amendatory financial activities are appeared by means of expertons method which also provides possibilities of the alternative decisions. To illustrate the performance of integrated and multistage decision support system, a survey is applied on the end users.
文摘The investors and the managers are different interest entities in a firm, so there must be divergences between them in their value reference and goal selection. When a firm wants to determine its financial management goal, not all the relevant interest parties need to be considered with, but only the principal entities of them. It＇s necessary to set up the investor supervision mechanism by some certain system arrangement in order to realize the interest maximization of shareholders coinciding with the manager＇s interest maximization pursued by managers.
文摘Since the release of the“Outline of the National Medium-and Long-Term Education Reform and Development Plan(2010-2020),”“new universities”have garnered widespread attention.The system and mechanism of these“new universities”are different from those of traditional universities.They have their own ways of running schools,management systems,and personnel training methods,all of which bring a different kind of pressure to government management.Looking from a financial perspective,this is also the key research subject of finance and financial personnel.We put forward implementation suggestions for the construction of the“new university”management system based on the experience summed up in the work and contribute to the country’s higher education.
