Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.contributor | Department of Building and Real Estate | en_US |
| dc.creator | Zhang, Zhaochuan | - |
| dc.identifier.uri | https://theses.lib.polyu.edu.hk/handle/200/6891 | - |
| dc.language | English | en_US |
| dc.publisher | Hong Kong Polytechnic University | - |
| dc.rights | All rights reserved | en_US |
| dc.title | A study of accounts receivable management in the Guangzhou building materials supplying industry | en_US |
| dcterms.abstract | In the recent decades, along with the Chinese economic boom, many industries in Mainland China have performed an unprecedented prosperity. The building materials supplying industry is also developing dramatically, as the continuous "construction fever" happening across the country. However, along with the growing demand of materials, the payment problems of suppliers are becoming increasingly serious. Due to the abuse of selling on credit, many suppliers have to face with a great finance pressure from carrying a large number of receivables. Under this situation, the account receivable management has been increasingly important to the suppliers. Although the accounts receivable management has become an indispensable part of modern finance management discipline, which has been mentioned in lots of previous researches. However, to the building materials supplying industry, the accounts receivable problems of it will be slightly different from other industries and few previous research efforts have been done on this from the suppliers' perspective. This paper attempts to identify the critical problems of accounts receivable management within Guangzhou building materials suppliers and to identify the reasons of those problems through comprehensive literature review, pilot interview, and questionnaire survey. Through studying, this paper has investigated that many Guangzhou building materials suppliers have the most serious accounts receivable management problem in the Pre-Agreement stage. And the critical problems of their accounts receivable management include: lack of client credit assessment system; inadequate contract management; the control of supplying process is insufficient, etc. In addition, the reasons of those problems have been investigated by this study. Such as the lack of risk awareness within suppliers' leaders, lack of accountability and state-owned company's characteristic constrain, etc. Furthermore, the valuable suggestions on improving the suppliers' account management level have been provided, for instance, adding protection terms in supplying contract, establishing risk specific evaluation department, and adopting various receivables collecting policies, etc. The findings of this study provide some valuable references to Guangzhou suppliers to better understand their current accounts receivable management condition and to clearly realize the risk of accounts receivable default. Additionally, it can also help the suppliers to realize their deficiency in managing accounts receivable so as to assist them to resolve the problems and enhance their competitiveness. | en_US |
| dcterms.extent | viii, 93 leaves : ill. ; 30 cm. | en_US |
| dcterms.isPartOf | PolyU Electronic Theses | en_US |
| dcterms.issued | 2012 | en_US |
| dcterms.educationalLevel | All Master | en_US |
| dcterms.educationalLevel | M.Sc. | en_US |
| dcterms.LCSH | Accounts receivable. | en_US |
| dcterms.LCSH | Building materials industry -- China -- Guangzhou. | en_US |
| dcterms.LCSH | Hong Kong Polytechnic University -- Dissertations | en_US |
| dcterms.accessRights | restricted access | en_US |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| b25545929.pdf | For All Users (off-campus access for PolyU Staff & Students only) | 2.89 MB | Adobe PDF | View/Open |
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