Research On Fiancial Risk Control System Of Group Corporation

In the condition of modern market economy, group corporation has been developed quickly and the role of group corporation is more and more important.The development of group corporation not only has an influence on the benefit of itself but also on the economic strength and the international competition of a country or region.Along with the development of group corporation and the expand of group scale,the group corporation faces with series of risks particularly the financial risk.the group corporate financial risk originates from variety financial environment and complicated inner relation. The mistake that generate in corporation operating process will express as financial risk finally .therefore it is of greatly theoretical and realistic significance to make some research on the group corporate financial risk management and establish the financial risk control system of group cororation.At first,through the analysis of the group corporate charateristics and the financial risk's implication,this paper points out that the financial risk is in the core of the group corporate risk management.And then from the "Huayuan financial crisis " case to start the systematic analysis of the top ten factors that impact of the financial risk formation. At last standing on the point of view of the overall to design of the group corporate "One Body Two Wings" financial risk control system.The"One Body Two Wings" financial risk control system regards risk management ,which run through the whole system, as a starting point, and ultimately achieves the goal of maximizing corporate value.This system's main body is the organize control,system control and cultural control. Stratified organize control is the foundation; Control of the financial budget system, centralized management system for funds control and control of the internal audit system are the core ; Control of a risk management culture is the security. Eventually, the system control must treat control mechanisms of early warning analysis and mechanisms for dealing with risk analysis as the assistance. At last to form the various parts of an interaction, reasonable, strict and effective control system of financial risk.