Development of methods of cash flow management in a corporate structure

In today''s economy, corporate forms of business are gaining importance due to their advantages. In this research issues of achieving high results of a corporate structure''s activity through effective cash flow management are presented as urgent ones, which is confirmed by studies of many Russian and foreign authors, as cash flows are the link of all spheres of activity of an economic entity. The main techniques of achieving effective cash flow management at an enterprise are considered along with a special method for groups of companies. Meanwhile, their indiscriminate use in a corporate structure may turn out to be ineffectual. The main aim of the research is to develop methods of cash flow management in a corporate structure allowing for increasing net cash flow. This criterion, used for evaluation of the financial standing of a corporate structure, characterizes the difference between cash inflow and outflow and makes it possible to determine the company''s financial equilibrium. Such scientific methods as analysis, comparison, scientific abstraction, modelling were used in order to achieve this aim. Implementation of the methods of cash flow management suggested in the research involves 6 stages. Description of each stage is presented in detail. Application of the suggested methods (with the necessary modifications and changes) will help to improve the efficiency of cash flow management. The effect of cash flow management will manifest itself in net cash flow of a corporate structure on the whole, including both extensive index (due to the effect from the range of activity of the group of companies), and intensive index (due to introduction of cash flow management system to the group of companies).