The Research On Financial Resources Synergetic Capacities Of Enterprise Groups

Enterprise group, as a fundamental organization form under the modern economic system, possesses enormous organizational structure and large quantities of financial resources. Accompanying formation and unceasing development of enterprise group, some problems arising in the group are irrational allocation of production capital, defective internal capital market, and human capital not shared in the group and others. Through collecting and sorting out existing documents and on the basis of defining the concept of enterprise group, financial resources and synergetic capacity of financial resources, the following researches have been made by proceeding with the financial management theory of enterprise group, enterprise organization theory, synergetic theory, to improve the efficiency of financial resource allocation to make it create synergistic effects inside the group:(1) Analysis of factors influencing financial resources of enterprise group. Synergetic capacity of financial resources has been divided into three parts, that is synergetic capacity of production capital, internal capital market and human capital, and built up synergetic capacity theory system of financial resources.(2) Analysis of measuring methods for synergetic capacity of financial resources. Taking Liaoning Nanpiao Coal Power Co., Ltd as an example, we have gotten corresponding measuring items and basis through questionnaires.(3) Building up evaluation index system of synergetic capacity of financial resources. AHP multi-level fuzzy evaluation has been applied to make a quantitative analysis of the capacity of groups and evaluate the capacity of Liaoning Nanpiao Coal Power Co., Ltd.From the above researches, synergetic capacity of financial resources of Liaoning Nanpiao Coal Power Co., Ltd is at the higher and average level. Such problems still call for the company to settle as low sharing rate of production resource, absence of operative constraints of funds management, single financing structure, and neglect of human capital. By integrating with empirical findings, put forward some advice including strengthening sharing of production resource, optimizing financial structure, utilizing funds in a rational way, setting up supervisory mechanism in finance and emphasizing sharing of human capital, with the hope of optimal configuration of financial resources inside groups, and also contributing to advancing the overall strength of enterprise groups in our country.