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Overall Financial Management Of Fawer Automotive Parts Co., Ltd.

Posted on:2012-10-04Degree:MasterType:Thesis
Country:ChinaCandidate:B GaiFull Text:PDF
GTID:2189330332497106Subject:Business Administration
Abstract/Summary:PDF Full Text Request
Capital in production and operation activities like blood, a lack of funding and support of enterprise security, will not engage in normal business activities, eventually the lack of funding and the brink of bankruptcy, control and manage funds equal to grasp the lifeline of business. Therefore, in corporate financial management as its core fund management will be the group how the level of fund management companies will be directly related to the Group, the survival and development.Parent company funds are the most important connecting link with the group of enterprises has grown in strength, multi-level legal system within the enterprise organizational structure of the group have been widely used, the relative complexity of the organizational level, more extensive geographical distribution, the management chain is relatively extended Group corporate headquarters within the group for a time difficult to control the business activities of other members, especially in the financial control of, the existence of backward management, management methods behind the operation of decentralized property rights division, many loopholes and other issues, particularly the shortcomings of the performance for the decentralization of funds, duplicate accounts, and even unlisted funds and other serious cycling phenomenon, coupled with the Group corporate headquarters inefficient monitoring of funds, can not really play the Group Management Collaborative and the advantages of rational allocation of resources, resulting in the fund management group companies use the cost Home on the high, the efficient use of funds can not be enhanced, increasing the risk of funds, the performance of these outstanding issues have been severely affected group of enterprises sustainable, healthy development. Group companies to give full play to the overall advantage to be on the Group's internal resources to optimize the allocation and reasonable, and promote enterprise group with minimal financial resources, creating greater value, to ensure the profitability of the enterprise aim that the Group corporate strategic objectives of early date, it has become the face of the Group companies in general one of the important issues.With the development of syndicated business, more and more enterprises through mergers and acquisitions and the formation of large-scale enterprise group, the group of funds within the enterprise to centrally manage the overall financial management of the main line concept is quietly rising, give full play to the whole enterprise group advantage, through centralized control of funds, effective help to avoid because of funding distributed enterprise group brought many problems, more conducive to group companies to enhance their own fund management companies to prevent financial risks, improve corporate management group.This article studies a comprehensive financial management in Fawer Automotive Parts Co., Ltd. The group companies in the implementation process, respectively, from a comprehensive financial management purposes, means, methods, and since the implementation of a comprehensive financial management for the shares in Fawer Automotive Parts Limited achievements brought about by the management, to be described.
Keywords/Search Tags:Group companies, Comprehensive financial management
PDF Full Text Request
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