Research On Management Of China State Grid Corp Capital Intensive

Money is the key of enterprise running, its smooth operation will seriously affect the enterprise’s core competitiveness, capital mismanagement and lack of capital chain rupture may cause the enterprise loss or even closing their doors. In the management of the market economy, the enterprise money circulates quickly, and the advantages of interest maximization, tend to benefit from intensive enterprise capital management. Enterprise capital intensive management can effectively control the financial risk of the enterprise, and improve enterprise in the maximum benefits. In this paper, based on the national grid fund centralized management background, has for the years of "cash pooling funds centralized management mode are analyzed and find out the shortcomings, pointed out the development direction and focus. State grid is to realize the capital intensive management important basis and prerequisite of financial centralized management, financial management is the key of the business, and some of the characteristics of financial indicators can even for enterprise development direction and the swimmer, so it is necessary to attach importance to financial centralized management in the enterprise operation work of the propulsion and implementation.This article first learns the historical literature and basic theory, analysis of the background, connotation and significance of capital intensive management, tells the story of the development of capital intensive management and the basic theory, internal capital market theory, principal-agent theory and the theory of internal control, etc., and then expounds the theoretical research in the process of successively put forward six specific pattern(including unified collection state, appropriations spare, finance companies and settlement center, internal bank and "cash pool"), and focuses on the advantages and disadvantages of the corresponding mode. To theory to practice, this paper introduces the developing course of the main body of theory application state grid corporation and organization structure, facilitate the understanding of theory application rationality and convenience. And then to the national grid on problems existing in the implementation of total capital intensive management process about one by one and analysis. In the core section of the fourth chapter, this paper first analyzes the currently adopted the correctness of the "cash pool" model, is the enterprise business characteristics, management target, financial and joint decision experience can be used for reference, and other aspects, to support the necessity and key enterprise system, and then to implement process needs further ensure and improve the content of the expounded, from standardization development, functions of enterprise personnel adjustment, the information system support, strengthening the internal control and risk control to focus on five aspects, which is focus on to provide smooth and efficient help to the state grid management.