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Research on Financial Control of Modern Enterprise Groups

Author: ChenManNa
Tutor: XiaoHong
School: Xiamen University
Course: Accounting
Keywords: Enterprise Group Financial control Analysis
CLC: F275
Type: Master's thesis
Year: 2005
Downloads: 1079
Quote: 0
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Abstract


Enterprise Group is becoming an important force in China's economic development process . However , with the increasing extension of the continuous expansion of enterprise groups on the scale of investment and investment levels , commissioned by funders acting under the framework of the control problem is becoming increasingly urgent . This is prevalent in the common predicament of the state-owned enterprise groups and private enterprise group . In this paper, a systematic analysis of the mother-child relationship on the basis of the study of modern enterprise groups are formed , focusing parsed from the agency theory , the theory of property rights , a legal perspective and a management perspective funder control background of the times , and to outline the Enterprise Group Financial Control Basic framework of three levels : With the effect of equity ties , to strengthen the recurring control , the need to build a performance evaluation platform to strengthen the regular control , which is the need to implement the overall development strategy to strengthen oriented control , the second is the complete system of financial control framework . In this framework , the paper according to the operational characteristics of the state-owned enterprise group , the key areas of the Enterprise Group Financial Control Analysis and Research , presented to the three areas as key parts of the Enterprise Group Financial Control , First, accounting operations, budget management operation and management control and performance evaluation , etc. , foreign investment , a variety of financing and profit distribution control key points , Third, the unified settlement center , financial companies , online banking , and cash flow control . Thesis in the philosophy of building an innovative enterprise group financial control body , the control of the Board , the Board of Supervisors , Chief Financial Officer and other carrier with the way certain depth analysis of the topic . At the same time , by analysis of a positive and negative two actual cases anatomical reality of the success or failure of the corporate financial control . Finally, full text , the initial formation of the relevant policy recommendations . Full-text runs through the funders perspective from the Enterprise Group, the parent company of checks and balances in the incentives and constraints the will of the Enterprise Group Financial Control environment , focusing on the theory of systemic demonstrate objectivity and innovative ideas .

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CLC: > Economic > Economic planning and management > Enterprise economy > Corporate Financial Management
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