Abstract
With the telecom enterprises’ profit being continuously diluted, shareholders haven’t yet reduced their request on the return of investment. The duel-pressure of market competition and capital markets has impelled the telecom enterprises to change towards efficient development. The enterprises need to commit the financial transformation, progressively implement the meticulous management and truly put all efficiency management into effect, so that they can continuously improve their performance and financial competitiveness. The current domestic and overseas researches on financial competitiveness of enterprises are most in the phase of concept definition and theoretical explanation, yet to establish normative and practical evaluation model of financial competitiveness. So after summarizing the definitions of financial competitiveness, this paper put forward an evaluation model of financial competitiveness in telecom enterprises. And then use the factor analysis and fuzzy comprehensive evaluation method to make an empirical research on the world top 20 telecom enterprises which are from the Fortune 500 companies, and make a systematical research on the critical path of improving the financial competitiveness of our domestic telecom enterprises.
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He, Y., Dong, J., Bai, R. (2011). The Evaluation Model of Financial Competitiveness in Telecom Enterprises. In: Zhou, Q. (eds) Advances in Applied Economics, Business and Development. ISAEBD 2011. Communications in Computer and Information Science, vol 209. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-23020-2_4
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DOI: https://doi.org/10.1007/978-3-642-23020-2_4
Publisher Name: Springer, Berlin, Heidelberg
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