Title: A Study of the Financial Management Transformation under the Financial Sharing Model – A Case Study of Calbee (Hangzhou) Food Co., Ltd
Author: Nie Ran
Advisor: Dr. Ma Yu
Degree: Master of Business Administration
Major: International Business Management
Faculty: บัณฑิตวิทยาลัย (Graduate School)
Academic year: 2567 (2024)
Published: The 7th Stamford International conference “Leadership & Social Sustainability in the Tech -Driven Era” SECTION-8 (pp.1447-1457) conference proceedings PDF
Abstract
Under the new situation of international development, more and more group companies set up branches across regions and industries. Enterprises have faced severe challenges of the financial management , while the traditional financial management model has caused many problems such as low efficiency and lack of talents. Visible financial management transformation is imperative. The objectives of this study were to explore the financial management system transformation of Calbee (Hangzhou) Food Co., Ltd. under the financial sharing modell, which included: 1) To analyze the current situation of the financial management under the financial sharing model of Calbee (Hangzhou) Food Co., Ltd; 2) To analyze the main obstacles of the financial management system of Calbee (Hangzhou) Food Co., Ltd; 3) To find solutions of the transformation of the financial management system of Calbee (Hangzhou) Food Co., Ltd.
This study adapted the quantitative research method. The study distributed 300 questionnaires to survey internal stakeholders, which ultimately ensured a robust response rate of 280 completed questionnaires. Based on this extensive dataset, this study drew the following conclusions: 1) Calbee (Hangzhou) Food Co., Ltd. was in a sate of confusion, currently experiencing operational uncertainty, primarily due to the lack of clarity and transparency in its financial management practices; 2) The main obstacle to optimizing the financial management system effectiveness came from inadequate timeliness in information processing and decision-making,significantly impeding the company’s ability to adapt swiftly to market fluctuations; 3) To navigate towards transformation and surmount these obstacles, it is imperative to implement a dual strategy that concurrently fosters talent development and enhances operational mechanisms. By nurturing a skilled workforce and upgrading its operational frameworks, Calbee (Hangzhou) Food Co., Ltd. could pave the way for improved financial performance and long-term sustainability.
Keywords: Financial Sharing Model, Financial Management System, Management Obstacle, Financial Management Transformation
A Study of the Financial Management Transformation under the Financial Sharing Model – A Case Study of Calbee (Hangzhou) Food Co., Ltd
6517195016 Nie Ran 2567 (2024) A Study of the Financial Management Transformation under the Financial Sharing Model – A Case Study of Calbee (Hangzhou) Food Co., Ltd. สารนิพนธ์ (Independent Study), Advisor: Dr. Ma Yu, ปริญญาโท (Master’s Degree), บัณฑิตวิทยาลัย (Graduate School), Master of Business Administration, Education Management, Bangkok: Siam University