Proceedings of the 1st International Conference on Business, Economics, Management Science (BEMS 2019)

Research on the Nature and Management of Deposit in Sharing Economy Enterprises

Authors
Yunchun Yu, Qingyuan Liu
Corresponding Author
Yunchun Yu
Available Online May 2019.
DOI
https://doi.org/10.2991/bems-19.2019.45How to use a DOI?
Keywords
OFO; sharing economy; payable accounts; working capital.
Abstract
The sharing economy has witnessed explosive growth, and it has penetrated into many fields such as transportation, housing rental and knowledge resources, etc. The capital scale deposited on the sharing platform by such users represented by deposit has been continuously expanded, providing new ideas and methods for fund management. In accounting, the deposit is recorded as "payable accounts", which is one of the important sources of working capital. From amazon and JD to the real estate sector, payable accounts have generated positive value in working capital management. Ofo, on the other hand, is a negative example of capital management. It ignores the sustainability and turnover efficiency of working capital, and trades capital inflow for crazy expansion, which leads to the rupture of capital chain. It can be found that in sharing economy enterprises, it is significant important to appreciate the value of deposit, a huge capital pool, and fully recognize the role of deposit in working capital management, which can provide effective guarantee for the good operation of enterprises.
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Proceedings
1st International Conference on Business, Economics, Management Science (BEMS 2019)
Part of series
Advances in Economics, Business and Management Research
Publication Date
May 2019
ISBN
978-94-6252-720-1
ISSN
2352-5428
DOI
https://doi.org/10.2991/bems-19.2019.45How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Yunchun Yu
AU  - Qingyuan Liu
PY  - 2019/05
DA  - 2019/05
TI  - Research on the Nature and Management of Deposit in Sharing Economy Enterprises
BT  - 1st International Conference on Business, Economics, Management Science (BEMS 2019)
PB  - Atlantis Press
SN  - 2352-5428
UR  - https://doi.org/10.2991/bems-19.2019.45
DO  - https://doi.org/10.2991/bems-19.2019.45
ID  - Yu2019/05
ER  -