<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>Under the condition of social and economic growth rate continues to slow down, enterprises put forward environmental protection policies from the perspective of long-term development of resource construction, and enterprises will face more and more competitive pressure. If an enterprise wants to break through its own development bottleneck and become one of the enterprises drafting national standards in the industry, it must have a comprehensive understanding of its financial strategy and performance management program. This paper studies using the principal component analysis (pca), after consulting relevant financial performance evaluation literature, based on an enterprise’s financial performance data for principal component analysis, will have access to financial performance evaluation results ranking and scoring, not only can be found that there were problems, also will use modern management theory to replace the traditional financial performance evaluation methods, Give priority to scientific and comprehensive financial indicators for performance evaluation, so as to put forward effective solutions to help enterprises to clarify their own competitive pressure and market positioning.</p>
</abstract>

Under the condition of social and economic growth rate continues to slow down, enterprises put forward environmental protection policies from the perspective of long-term development of resource construction, and enterprises will face more and more competitive pressure. If an enterprise wants to break through its own development bottleneck and become one of the enterprises drafting national standards in the industry, it must have a comprehensive understanding of its financial strategy and performance management program. This paper studies using the principal component analysis (pca), after consulting relevant financial performance evaluation literature, based on an enterprise’s financial performance data for principal component analysis, will have access to financial performance evaluation results ranking and scoring, not only can be found that there were problems, also will use modern management theory to replace the traditional financial performance evaluation methods, Give priority to scientific and comprehensive financial indicators for performance evaluation, so as to put forward effective solutions to help enterprises to clarify their own competitive pressure and market positioning.

Enterprise financial strategy and performance management analysis based on principal component analysis

University of Chinese Academy of Social Sciences

Applied Mathematics and Nonlinear Sciences

This work is licensed under the Creative Commons Attribution 4.0 International License.

Under the condition of social and economic growth rate continues to slow down, enterprises put forward environmental protection policies from the perspective...

Enterprise financial strategy and performance management analysis based on principal component analysis

Published Online: Jul 15, 2022

Page range: 1265 - 1276

Received: Feb 26, 2022

Accepted: Apr 25, 2022

DOI: https://doi.org/10.2478/amns.2022.2.0114

Keywords
Principal component analysis, Enterprise financial strategy, Performance management, Evaluation index, Modern management theory

© 2023 Yuping Tang et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

FIG. 1

FIG. 2

Figure 3

Enterprise financial strategy and performance management analysis based on principal component analysis

Published Online: Jul 15, 2022

Page range: 1265 - 1276

Received: Feb 26, 2022

Accepted: Apr 25, 2022

DOI: https://doi.org/10.2478/amns.2022.2.0114

KeywordsPrincipal component analysis, Enterprise financial strategy, Performance management, Evaluation index, Modern management theory

© 2023 Yuping Tang et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

FIG. 1

FIG. 2

Figure 3

Keywords
Principal component analysis, Enterprise financial strategy, Performance management, Evaluation index, Modern management theory