Research On Capital Control Of Listed Companies’ Holding Subsidiaries Based On COSO Framework

Transportation industry is an important industry in China.As "Internet +" the rise of the network coverage widening,the rapid development of transportation industry,engaged in the transportation industry companies to realize that to sustainable development of the company,the company should pay attention to capital management,to establish the system of internal control so as to ensure fund effective operation.The capital control mode used by Q company in the management of its holding subsidiaries is questionable.Based on China’s current economic situation and relevant laws and regulations,this paper analyzes the current situation and existing problems of the company’s capital management and control mode by applying theories related to the internal control of monetary capital.The Q company currently uses the fund management plan has the following problems:(1)The existing fund management has design defects;(2)The relevant responsible person management consciousness is not strong;(3)Lack of assessment and evaluation system.In view of the existing problems of Q company and based on COSO Framework,this paper proposes an optimization plan: to establish a "circulating circle of capital control",which has three important parts:(1)capital management internal control system optimized scheme;(2)Employee professional ethics management system optimized scheme;(3)Assessment and evaluation,reward and punishment system optimized scheme.The article elaborates on it and feasibility analysis.And analyze the economic consequences of "circulating circle of capital control"."Circulating circle of capital control" is the innovation of this paper’s research.This paper aims to study the capital control mode of Q company and provide references for other transportation companies to improve capital control schemes.Make the capital control of Q company more planned and enhanced the efficiency of the company’s daily capital operation.At the same time to increase the competitiveness of Q company,in the same industry to establish a good reputation.