Title :
Evolutionary Research on Financial Core Competence Based on Complex Systematic Theory
Author_Institution :
Sch. of Econ. & Manage., Yan Shan Univ., QinHuangdao, China
fDate :
Nov. 30 2009-Dec. 1 2009
Abstract :
Financial core competence is dynamic in the process of the corporation´s development. This paper analyzed the evolution process of the financial core competence system by use of complex systematic theory and ascertained that financial core competence system is a complex and adaptable system. According to the principle of complex systematic theory, the systematic evolution process model is established, including three stages, ascertaining subject, the evolution of subject and individual and the whole systematic evolution. Finally this paper utilized this evolution model into Hebei Construction Investment Co., Ltd. for Energy as to make validation analysis and got the evolution process of this company´s financial core competence.
Keywords :
corporate modelling; financial management; Hebei Construction Investment Co. Ltd; complex adaptive system; complex systematic theory; corporation development; financial core competence system; systematic evolution process model; validation analysis; Adaptive systems; Finance; Financial management; Investments; Knowledge acquisition; Knowledge based systems; Knowledge management; Power generation economics; Research and development management; Sun; Complex Systematic Theory; Evolution; Financial Core Competence;
Conference_Titel :
Knowledge Acquisition and Modeling, 2009. KAM '09. Second International Symposium on
Conference_Location :
Wuhan
Print_ISBN :
978-0-7695-3888-4
DOI :
10.1109/KAM.2009.133