For State-owned Enterprise Groups Accused Of Taking A Stake In The Company's Risk Control Research

Uncertainty and fluctuate are the main trait of the world economic. Enterprise is in an openenvironment and any uncertainty can cause risk to threat enterprise’s development. Thegeneral problems of enterprise group are lack of risk awareness and risk-control measures.In recent years, with the continuous development of China’s Reform and Opening andmarket economy, the living environment that faced by enterprise changed dramatically.Numerous failed cases about improper risk-control are known by people. So, enterprisesthink not only to sell products and service but also to recognize risk and manage andcontrol risk.This article focuses on state-owned enterprise groups to manage and control the riskof majority-owned subsidiary and joint stock subsidiary at the perspective of riskmanagement and control. This article will be divided into the following sectionselaborately:The first part expounds the research background and significance, made it clear thatthe content and research objectives, given the research methods and structuralarrangements, defined some major concepts and previous literature review and comparecomments.The second part elaborates some basic elements and general characteristics ofenterprise groups manage and control, proposed some manage and control problems instate-owned enterprise groups, and describe domestic and international practice ofenterprise groups’ management and control.The third part is case study that regards the China Petroleum Group as an example.This part introduced the overall situation of China Petroleum, and then analyzes manageand control status of majority-owned subsidiaries and joint stock subsidiaries, and furtherexplored the potential risks that caused by manage and control problems.The fourth part put forward the appropriate risk-control measures against the potentialrisks of China Petroleum. From the group level, perfect risks manage and control ofmajority-owned subsidiaries and joint stock subsidiaries. From the subsidiary level,establish manage and control target curve, at same time, improving the assessmentmechanism and corporate governance structure of subsidiaries.The fifth part gives summary conclusions for this study and research outlook toinsufficient.