2006•Contemporary Economy & ManagementRequires access

Strategic Financial Management: from the Perspective of Value Creation

XU Xi-xiong

Open publisher page 0 citations

Abstract

After reviewing traditional financial management and its shortcomings, this paper analyzes the relationship between finance and strategic management, and proposes strategic financial management based on value creation, which integrates financial strategy, strategic management accounting, strategic value management, and strategic financial accounting to improve the strategic value of modern financial management. The finance-strategy matrix is used to illustrate the application of financial information in strategic decision.

About this research paper

What this paper is about

After reviewing traditional financial management and its shortcomings, this paper analyzes the relationship between finance and strategic management, and proposes strategic financial management based on value creation, which integrates financial strategy, strategic management accounting, strategic value management, and strategic financial accounting to improve the strategic value of modern financial management. The finance-strategy matrix is used to illustrate the application of financial information in strategic decision.

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

After reviewing traditional financial management and its shortcomings, this paper analyzes the relationship between finance and strategic management, and proposes strategic financial management based on value creation, which integrates financial strategy, strategic management accounting, strategic value management, and strategic financial accounting to improve the strategic value of modern financial management. The finance-strategy matrix is used to illustrate the application of financial information in strategic decision.

Key concepts: Strategic financial management, Accounting management, Business, Financial management, Strategic planning, Strategic management, Strategic thinking, Finance

Related papers

Back to paper searchBrowse research topicsOriginal source
Strategic Financial Management: from the Perspective of Value Creation — Research Paper | ScholarLens