An Overview of Constructing a Corporate Financial Governance System Centered on Financial Power Allocation

Qiuxia Yu

Abstract


With the continuous development of modern corporate systems, constructing a corporate financial governance system has become increasingly important. This paper focuses on financial power allocation and examines its critical role in corporate financial governance. By analyzing empirical data, the study investigates the impact of financial budgeting ratios, financial control intensity, and the completeness of financial evaluation systems on corporate performance. The results indicate that reasonable financial power allocation significantly enhances corporate financial performance, thereby validating the hypothesis. Furthermore, this paper explores the influence of company size and growth potential on corporate performance. Finally, it provides forward-looking recommendations on financial technology applications, financial shared services, and ESG investment to optimize corporate financial governance, offering theoretical foundations and practical guidance for enterprises.


Full Text:

PDF


DOI: https://doi.org/10.22158/jepf.v10n4p395

Refbacks

  • There are currently no refbacks.


Copyright (c) 2024 Qiuxia Yu

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Copyright © SCHOLINK INC.   ISSN 2377-1038 (Print)    ISSN 2377-1046 (Online)