CAPITAL MANAGEMENT IN VIETNAM’S SHIPBUILDING INDUSTRY, APPLYING ACCOUNTING POLICY, SUPPLYING RELEVANT INFORMATION FOR FINANCIAL MANAGERS: A CASE STUDY ON VINASHIN (VIETNAM SHIPBUILDING INDUSTRY GROUP)

Abstract

The purpose of this paper is to analysis the capital management, especially management of efficiency use of capital of which concept of capital, efficiency use of capital, roles of capital, and making decision on capital management are mainly concentration. If a company has a well managed capital, the company will run effectively and create profits. Nevertheless, when there is failure in managing capital effectively, it can cause losses for the business and lead them to dissolution or bankruptcy. It is mostly occurred in SOEs because of their management tend to have weaknesses, shortcomings and wrongdoings. VINASHIN is specific case of failure in managing capital effectively. In this thesis, I would like to discuss the failure in capital management of VINASHIN, and then suggest some solutions and recommendations for the organization.