Research On Foreign Enterprises' Arrangement Of Financial Controls

The Financial Governance is becoming a hot topic of financial field. Since finance function as the focus of stakeholders'interest in a company, the allocation of financial rights is of great importance. The financial administrating rights here refer to the right of financial controls and revenue. As corporation is a nexus of incomplete contracts, every stakeholder has the right to participate the administrating of the company. But the importance and the realization pattern of stakeholder are different from each other.Financial control of the business enterprise is in control of the financial aspects of a concrete manifestation, is the core of enterprise ownership. From the nature of the arrangements for the ownership of enterprises and content, be it business or the remainder of the remainder of the proceeds of the right to control over all of its core financial performance, that is, the remainder of the performance of enterprises in the form of financial income, the core of corporate control is financial control. This is because the corporate finance is the reflect and result of various economic activities and is the nerve center of the enterprise. In the absence of the necessary financial control of the main property rights would be empty, their legitimate rights and interests will be difficult to maintain. As a result, the scramble for control of the enterprise, focused on corporate financial control.This thesis on the financial control and financial control's arrangement, made on the basis of the theory, comparative analysis of China and the United States and the financial control's arrangement, come to China and the United States control over the arrangement of financial differences to form the background: 1 mode of cultural differences, 2 model of economic Differences. In evidence on the part of the parent company - a subsidiary of United Technologies Corporation and-P's financial management and financial control of the analysis carried out. United Technologies Corporation of the United States Department of listed companies, across lines of business in more than 180 countries and regions, in 2008 the world's top 500 ranked 123. The United Technologies Corporation and P's analysis of the evidence, with regard to domestic enterprises should be used for reference, especially for those who want to develop in foreign countries even global, At the same time, The suggestions are as follows: 1 to establish a good financial control environment 2, to establish and foster a good market of independent directors. 3, to establish a good incentive. 4 to establish Financial Control Information System.