On The Optimization Of Capital Management Of State Grid

With the faster development of incorporation of the global economy, the enterprises group plays more important function on the economic development in China. But the scale advantage of the enterprises group is not strong due to that the scattered-originally capital management pattern and fiscal controlling system of the enterprises group is outmoded. The State Grid is faced with the same problem. Therefore researching the optimization of capital management of the State Grid is very important.From the connotation of capital management this paper introduces the goal and the function of capital management and draws out five correlation theories of capital management that are principal-agent, the capital structure, the transaction cost, internal financing relative superiority as well as produces melts unifies; Secondly, this paper introduces the survey and the characteristic and the historical evolution of capital management of State Grid, analyzes the capital management present situation of State Grid from the organization frame, the management pattern, the management result, refers to the main questions of capital management about State Grid; Afterwards, it introduces the basic principle of goal design of the optimization of capital management of the State Grid, elaborates the basic content of optimization of capital management from the pattern optimization, the process optimization and the organization optimization; Finally, it raises the specific measures which the State Grid capital management optimization, must set up the explicit goal and the science management pattern of capital management, and enhances track management with the entire process of capital movement, improves the organizational structure of capital management, establishes the science capital operation effect appraisal system.This paper tries to combine the economic theory with the strategic management theory, the financial control theory, and the accountant theory in order to make the paper have theoretical significance. Meanwhile the paper combines the normal research and the problem existing in State Grid. The above researching conclusion has the reference value for the foundation of accounting center, the operation of capital management, and the optimization of capital management of Large-scale Group Company in China.