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Research on Business and Finance Integration of Dairy Enterprises in China from the Perspective of Digital Transformation

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DOI: 10.23977/acccm.2023.050909 | Downloads: 150 | Views: 889

Author(s)

Yutong Han 1, Liming Chen 1, Qing Liu 1

Affiliation(s)

1 Strategy and Decision Research Center, College of Economics and Management, China Agricultural University, Beijing, 100083, China

Corresponding Author

Liming Chen

ABSTRACT

Research on the integration of business and finance is a hot and frontier issue in corporate management practice, financial digital transformation plays a key role in improving the maturity of the integration of business and finance in Chinese dairy enterprises. This paper puts forward firstly the concepts of business chain and financial chain of dairy enterprise, and the new concept of business and finance integration of dairy enterprises is given. Secondly, the concept of business and finance integration maturity is proposed and defined from the perspective of digital transformation, and the framework model of business and finance integration maturity system of dairy enterprises is constructed. Thirdly, it proposes the business and finance integration strategy for dairy enterprises in China, in view of financial digital transformation. The research on the integration of business and finance for China's dairy enterprises based on the maturity evaluation of the integration of business and finance has very important theoretical research value and practical guiding significance.

KEYWORDS

Dairy enterprises; business chain; financial chain; financial digital transformation; business and finance integration; evaluation of maturity; integration strategy

CITE THIS PAPER

Yutong Han, Liming Chen, Qing Liu, Research on Business and Finance Integration of Dairy Enterprises in China from the Perspective of Digital Transformation. Accounting and Corporate Management (2023) Vol. 5: 70-81. DOI: http://dx.doi.org/10.23977/acccm.2023.050909.

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