Research On The Model Of Financial Control Of Chinese Group Corporations

In present economic globalization, competition among countries is among large-scale groups in fact. As an advanced organization form, group corporations have become the mainstay of national economy and key carrier in promoting international competition of our country. Although group corporations have appeared a sound development trend in the whole that size has expanded steadily and economic benefits has improved daily, it is undeniable that there are many problems in financial management in groups, especially the lacking of perfect financial control model. These questions have become the bottlenecks that limit the development of groups.This paper adopts prescriptive, case and comparative analysis methods.It investigates the financial control model of Chinese group corporations which refers to relative statistics, management and economics theories.It aims at setting up a new financial control model that is suitable for the development of Chinese group corporations. It is hoped to enrich the theories of financial control, explore the way of financial control innovation and supply some valuable suggestion to the practice about financial control of Chinese group corporations.There are six parts in this paper. The first part describes the background that choose the topic, significance and the present investigate situation of domestic and western countries. The second describes the relative concepts and theories of financial control and financial control model, it is hoped to supply necessary theoretical foundation to the research of group corporations. The third describes the actual financial control model of group corporations, factors that influent group corporations and main problems that exist in present models. The fourth analyses the financial control model of western group corporations. It is hope to supply a way of setting up the model of group corporations. The fifth part is the core part of this paper. It researches the financial control model of group corporations which combines the idea of EVA. Finally sets up a new financial control model that favourable for the development of Chinese group corporations. Last part is the summary of the paper.