Research on BG Group’s Working Capital Management under Financial Sharing Mode
In recent years, with the rapid development of the domestic market, many companies have achieved tremendous growth. However, the continuous growth of the group company has also led to many challenges in its branch structure, such as decreased efficiency in financial management and increased costs. These challenges have become obstacles to the further development of group companies, and many group companies have begun to take corresponding measures to address these challenges. Among them, the emergence of the financial sharing center brings a glimmer of hope for the group company to cope with these challenges. It can not only quickly integrate the company’s financial resources, but also effectively control operational risks, reduce operating expenses, and enhance the company’s strength. BG Group, as a model in the domestic steel industry, has made significant progress since launching its financial sharing model. Its successful cases can not only provide reference for similar companies, but also provide important guidance for future investment and financing. Through horizontal and vertical analysis of BG Group’s financial data over the years, identify its shortcomings in working capital management and propose corresponding optimization suggestions to improve the efficiency of the group’s working capital management.
Authors
- Xiujuan Zhang
- Yixiao Xu (ORCID: https://orcid.org/0000-0001-9524-4830)
- Na Lü (ORCID: https://orcid.org/0000-0002-9075-2980)
- Thillai Raja
Publication Details
- Journal
- Economics & Management Information
- Published
- 2025-02-21
- DOI
- https://doi.org/10.62836/emi.v4i1.286
- Primary Topic
- Working Capital and Financial Performance
- Type
- article
- Field-Weighted Citation Impact
- 0.00