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Research On The Optimization Of Capital Centralized Management Of AH Company Of National Network Power Network

Posted on:2019-07-11Degree:MasterType:Thesis
Country:ChinaCandidate:Y JinFull Text:PDF
GTID:2359330545498729Subject:Business administration
Abstract/Summary:PDF Full Text Request
Financial management plays an important role in modern enterprise management,and capital management is the most important part of financial management.If any enterprise wants to survive and develop,there must be a certain amount of capital to support it.Whether the capital is strong or not is closely related to the strength of the enterprise.Therefore,no matter which type of enterprise,in order to achieve sustainable and stable development,it is necessary to have continuous,appropriate amount of capital investment,and also need scientific,efficient and reasonable capital operation.In recent years,with the further development of China's economic system reform,the development of market economy is becoming more mature and standardized.The mode of economic growth has gradually changed from extensive to intensive.Financial intensive management mode has been adopted by more and more enterprises.As an important part of the financial intensive management,the fund management plays an increasingly important role in the business process.Capital is the most essential factor for the enterprise to carry out its operational activities.The level of capital management determines the rise and fall of the enterprise to a great extent.The development of any enterprise needs the support of funds.Whether the funds can be rationally utilized and distributed,whether the capital flow can sustain the sustainable development of the enterprise,is related to the problem of capital management and the survival and death of the enterprise.From this we can see that for modern enterprises,the ability of fund management is very important,especially in large state-owned enterprises.The State Grid is responsible for 88%of the country's power supply mission.Its healthy development concerns national energy security and even has a major impact on the economy of the country as a whole.As an important subsidiary of the State Grid,AH electric power company has 16 municipal power supply units,72 county-level units and 9 direct units,which provide power services for more than 26 million 600 thousand users.AH electric power company not only has the main responsibility for the power supply in Anhui Province,but also shoulders heavy responsibilities in promoting the optimal allocation of resources in the province.Because of the monopoly status of the power industry,extensive management used to be the mainstream management model of power enterprises in China for a long time.In other words,the development of enterprises depends on the increasing of production factors and the continuous expansion of the scale of enterprises.The backward management mode has also caused many stubborn diseases in the development of electric power enterprises.With the vigorous development of the power company and the gradual improvement of information technology,in order to optimize the centralized management model of the company capital,determine the appropriate fund concentration,establish a matching fund management system,improve the budget management,and improve the fund risk monitoring is the focus of the company.Capital determines the ability and level of the enterprise development.In the background of the company's financial intensive management,the level of capital management is increasing,and it lays a solid foundation for the company to achieve the strategic goal.The importance of fund management is not necessary for the long-term development of AH power company.On the basis of introducing the current capital management model of the group company and based on the specific situation of the current economic transformation and transition period in China,the current capital management of the group company is discussed after introducing the related concepts and theories of centralized management of capital AH.The situation,focusing on the analysis of the defects of the existing management mechanism,while deeply analyzing the existing problems in detail,persisting in the establishment of the unified standard for the centralized management of funds,looking for ways and means to improve the current management mode,and looking for the fund management pattern matching the power supply enterprises in most of the local cities in the hope of promoting the correlation.The financial management of enterprises,especially the improvement of the level of fund management,will contribute to the long-term sustainable development of enterprises.Based on the support of the theory of capital management,this paper makes an in-depth analysis of the actual problems encountered in the process of capital management of AH electric power company by taking the special industry of the power industry as a study object,and makes use of the theory of modern capital centralized management to raise ideas for the centralized management of funds for AH electric power company,for other provinces.The reform of the power company provides practical and pertinent ideas.It also provides a theoretical reference for the research of financial management of financial companies in China,hoping to promote the progress of domestic enterprises in the management of funds.
Keywords/Search Tags:AH Power Company, Centralized Fund Management, cash pool
PDF Full Text Request
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