Based on resources-based view, this paper analyzed the flexible financial management of two A-share listed companies -TBEA and Tianwei in implementing their diversified strategies and found that diversified strategy of the enterprise can not be separated from the support from the flexible financial resources. The diversified investment beyond the guarantee of the flexible corporate financial resources will easily lead to strategic failure. When a new business unit creates financial flexibility itself, the diversification strategy achieve success in its real meaning.
Liu Mingxu
. An Analysis of Diversified Strategies Supported by Flexible Financial Resources of Enterprises——A Case Study of TBEA and Tianwei[J]. Finance & Economics of Xinjiang, 2015
, 0(6)
: 23
-31
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DOI: 10.16716/j.cnki.65-1030/f.2015.06.003
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