Research on Capital Intensive Management of State Grid Anhui Electric Power Company

Geng Ran-ran; Xiang Ying-wei

doi:doi:10.11648/j.ijefm.20221006.16

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Research on Capital Intensive Management of State Grid Anhui Electric Power Company

Geng Ran-ran, Xiang Ying-wei

Published in International Journal of Economics, Finance and Management Sciences (Volume 10, Issue 6)

Received: 19 September 2022 Accepted: 12 November 2022 Published: 29 November 2022

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Abstract

Scientific and reasonable fund management is the key to the internal control and management of power grid enterprises, which can improve the efficiency and efficiency of the use of funds, and solve the problems of many accounts, idle funds and weak fund internal control and management. This paper takes the State Grid Anhui Electric Power Company as an example, studies the current situation and problems of its fund intensive management, and puts forward targeted countermeasures to provide a reference for the fund management of power grid enterprises. Research believes that the capital intensive management of State Grid Anhui Electric Power Company needs to optimize the payment and payment path, lack of cash flow management, unscientific capital budget management, and capital risk control system needs to be improved. Optimizing account collection and payment management, realizing "daily cash flow scheduling", optimizing fund budget management and other intensive fund management improvement measures of State Grid Anhui Electric Power Company are proposed. Intensive fund management mode can not only improve the production and operation efficiency of power grid enterprises, reduce costs, but also enhance the industry competitiveness of enterprises. With the continuous increase of the scope and scale of the power grid enterprises, the power grid enterprises should improve the management efficiency, and the implementation of the intensive capital management is the imperative form of the modern development of the industry.

Published in	International Journal of Economics, Finance and Management Sciences (Volume 10, Issue 6)
DOI	10.11648/j.ijefm.20221006.16
Page(s)	348-355
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

State Grid, Anhui Electric Power, Capital Intensive, Management

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APA Style

Geng Ran-ran, Xiang Ying-wei. (2022). Research on Capital Intensive Management of State Grid Anhui Electric Power Company. International Journal of Economics, Finance and Management Sciences, 10(6), 348-355. https://doi.org/10.11648/j.ijefm.20221006.16

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ACS Style

Geng Ran-ran; Xiang Ying-wei. Research on Capital Intensive Management of State Grid Anhui Electric Power Company. Int. J. Econ. Finance Manag. Sci. 2022, 10(6), 348-355. doi: 10.11648/j.ijefm.20221006.16

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AMA Style

Geng Ran-ran, Xiang Ying-wei. Research on Capital Intensive Management of State Grid Anhui Electric Power Company. Int J Econ Finance Manag Sci. 2022;10(6):348-355. doi: 10.11648/j.ijefm.20221006.16

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@article{10.11648/j.ijefm.20221006.16,
  author = {Geng Ran-ran and Xiang Ying-wei},
  title = {Research on Capital Intensive Management of State Grid Anhui Electric Power Company},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {10},
  number = {6},
  pages = {348-355},
  doi = {10.11648/j.ijefm.20221006.16},
  url = {https://doi.org/10.11648/j.ijefm.20221006.16},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20221006.16},
  abstract = {Scientific and reasonable fund management is the key to the internal control and management of power grid enterprises, which can improve the efficiency and efficiency of the use of funds, and solve the problems of many accounts, idle funds and weak fund internal control and management. This paper takes the State Grid Anhui Electric Power Company as an example, studies the current situation and problems of its fund intensive management, and puts forward targeted countermeasures to provide a reference for the fund management of power grid enterprises. Research believes that the capital intensive management of State Grid Anhui Electric Power Company needs to optimize the payment and payment path, lack of cash flow management, unscientific capital budget management, and capital risk control system needs to be improved. Optimizing account collection and payment management, realizing "daily cash flow scheduling", optimizing fund budget management and other intensive fund management improvement measures of State Grid Anhui Electric Power Company are proposed. Intensive fund management mode can not only improve the production and operation efficiency of power grid enterprises, reduce costs, but also enhance the industry competitiveness of enterprises. With the continuous increase of the scope and scale of the power grid enterprises, the power grid enterprises should improve the management efficiency, and the implementation of the intensive capital management is the imperative form of the modern development of the industry.},
 year = {2022}
}

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TY  - JOUR
T1  - Research on Capital Intensive Management of State Grid Anhui Electric Power Company
AU  - Geng Ran-ran
AU  - Xiang Ying-wei
Y1  - 2022/11/29
PY  - 2022
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DO  - 10.11648/j.ijefm.20221006.16
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
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AB  - Scientific and reasonable fund management is the key to the internal control and management of power grid enterprises, which can improve the efficiency and efficiency of the use of funds, and solve the problems of many accounts, idle funds and weak fund internal control and management. This paper takes the State Grid Anhui Electric Power Company as an example, studies the current situation and problems of its fund intensive management, and puts forward targeted countermeasures to provide a reference for the fund management of power grid enterprises. Research believes that the capital intensive management of State Grid Anhui Electric Power Company needs to optimize the payment and payment path, lack of cash flow management, unscientific capital budget management, and capital risk control system needs to be improved. Optimizing account collection and payment management, realizing "daily cash flow scheduling", optimizing fund budget management and other intensive fund management improvement measures of State Grid Anhui Electric Power Company are proposed. Intensive fund management mode can not only improve the production and operation efficiency of power grid enterprises, reduce costs, but also enhance the industry competitiveness of enterprises. With the continuous increase of the scope and scale of the power grid enterprises, the power grid enterprises should improve the management efficiency, and the implementation of the intensive capital management is the imperative form of the modern development of the industry.
VL  - 10
IS  - 6
ER  -

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Author Information

Geng Ran-ran

College of Business Administration, Chaohu College, Hefei, China
Xiang Ying-wei

College of Business Administration, Chaohu College, Hefei, China

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Plain Text BibTeX RIS

APA Style

Geng Ran-ran, Xiang Ying-wei. (2022). Research on Capital Intensive Management of State Grid Anhui Electric Power Company. International Journal of Economics, Finance and Management Sciences, 10(6), 348-355. https://doi.org/10.11648/j.ijefm.20221006.16

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ACS Style

Geng Ran-ran; Xiang Ying-wei. Research on Capital Intensive Management of State Grid Anhui Electric Power Company. Int. J. Econ. Finance Manag. Sci. 2022, 10(6), 348-355. doi: 10.11648/j.ijefm.20221006.16

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AMA Style

Geng Ran-ran, Xiang Ying-wei. Research on Capital Intensive Management of State Grid Anhui Electric Power Company. Int J Econ Finance Manag Sci. 2022;10(6):348-355. doi: 10.11648/j.ijefm.20221006.16

Copy | Download

@article{10.11648/j.ijefm.20221006.16,
  author = {Geng Ran-ran and Xiang Ying-wei},
  title = {Research on Capital Intensive Management of State Grid Anhui Electric Power Company},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {10},
  number = {6},
  pages = {348-355},
  doi = {10.11648/j.ijefm.20221006.16},
  url = {https://doi.org/10.11648/j.ijefm.20221006.16},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20221006.16},
  abstract = {Scientific and reasonable fund management is the key to the internal control and management of power grid enterprises, which can improve the efficiency and efficiency of the use of funds, and solve the problems of many accounts, idle funds and weak fund internal control and management. This paper takes the State Grid Anhui Electric Power Company as an example, studies the current situation and problems of its fund intensive management, and puts forward targeted countermeasures to provide a reference for the fund management of power grid enterprises. Research believes that the capital intensive management of State Grid Anhui Electric Power Company needs to optimize the payment and payment path, lack of cash flow management, unscientific capital budget management, and capital risk control system needs to be improved. Optimizing account collection and payment management, realizing "daily cash flow scheduling", optimizing fund budget management and other intensive fund management improvement measures of State Grid Anhui Electric Power Company are proposed. Intensive fund management mode can not only improve the production and operation efficiency of power grid enterprises, reduce costs, but also enhance the industry competitiveness of enterprises. With the continuous increase of the scope and scale of the power grid enterprises, the power grid enterprises should improve the management efficiency, and the implementation of the intensive capital management is the imperative form of the modern development of the industry.},
 year = {2022}
}

Copy | Download

TY  - JOUR
T1  - Research on Capital Intensive Management of State Grid Anhui Electric Power Company
AU  - Geng Ran-ran
AU  - Xiang Ying-wei
Y1  - 2022/11/29
PY  - 2022
N1  - https://doi.org/10.11648/j.ijefm.20221006.16
DO  - 10.11648/j.ijefm.20221006.16
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 348
EP  - 355
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20221006.16
AB  - Scientific and reasonable fund management is the key to the internal control and management of power grid enterprises, which can improve the efficiency and efficiency of the use of funds, and solve the problems of many accounts, idle funds and weak fund internal control and management. This paper takes the State Grid Anhui Electric Power Company as an example, studies the current situation and problems of its fund intensive management, and puts forward targeted countermeasures to provide a reference for the fund management of power grid enterprises. Research believes that the capital intensive management of State Grid Anhui Electric Power Company needs to optimize the payment and payment path, lack of cash flow management, unscientific capital budget management, and capital risk control system needs to be improved. Optimizing account collection and payment management, realizing "daily cash flow scheduling", optimizing fund budget management and other intensive fund management improvement measures of State Grid Anhui Electric Power Company are proposed. Intensive fund management mode can not only improve the production and operation efficiency of power grid enterprises, reduce costs, but also enhance the industry competitiveness of enterprises. With the continuous increase of the scope and scale of the power grid enterprises, the power grid enterprises should improve the management efficiency, and the implementation of the intensive capital management is the imperative form of the modern development of the industry.
VL  - 10
IS  - 6
ER  -

Copy | Download