The Enterprise Group Fund Centralism Management Studies

In recent years, a large number of domestic enterprise group represented by state-owned enterprises emerged. These enterprise groups depend on its abundant capital, huge capital advantages and huge structure, become the backbone of our social economy. However, compared with the large foreign multinational companies, there is a big gap in comprehensive strength, the sustainable development ability and enterprise’s management level, especially in money management. As more and more enterprise are expanding scale, the managers of enterprise group continue to improve management level in ways and methods, try to achieve business development goals, like optimizing the allocation of resources, benefit maximization, capital intensive. To enhance the competitiveness of enterprise groups, more and more enterprise groups began to pay more attention to and explore methods and models of centralized management of funds.In this paper, I choose the Y group company as the research object, using the case analysis method, analysis the Y group company’s financial management mode, and sum up the shortage of current financial management mode. On the basis of borrowing the funds centralized management system of other domestic large group company, the paper puts forward some suggestions on improving the Y company from many aspects and helps them to improve their financial management system.The full text is divided into five parts. The first chapter is the introduction, which introduces the purpose and significance of this study, reviews the basic theory of capital management, literature of the necessity of centralized management of funds, objectives, capital management mode, and introduces the research methods and innovative points of this paper. The second chapter is about the related theory of enterprise group capital management, this part describes the theoretical basis of the centralized management of enterprise group funds, and summarizes the existing financial management model. The third chapter is the analysis and the shortage of the Y group’s financial company capital centralized management mode. This part analyzes the reasons for establishment of financial companies from three aspects: the history of enterprise development, corporate governance structure and enterprise organization. Secondly, the paper introduces the implementation method of the Y group on centralized management mode, and discusses the improvement and positive effect on Y group. Finally, I analyze the current centralized management mode of Y company, and sum up the deficiencies of the financial company’s fund management model. The fourth chapter is the improvement suggestion of the current fund centralized management mode of Y group. Based on the experience of domestic and foreign large enterprise groups, this paper puts forward the optimization suggestion on the Y company’s fund centralized management in five aspects: a clear financial position, improve the level of financial company personnel business, establish a sound risk management system, strictly control the risk of financial companies, promote business innovation and create a comprehensive financial services information platform. The fifth chapter summarizes the full text, summarizes the conclusions and puts forward the shortcomings of this paper.The research of Y group’s fund centralized management mode, can make optimization suggestion to the current fund management mode of Y group, and help them to realize better management and control on fund. At the same time, it also gives a case study to enterprise managers faced to solve problem and give solution of fund management in the process of enterprise group development in the current situation, which has theoretical and practical significance.