Analysis Of The Application Effect Of "Capital Pool" In Group Enterprises

Financial management is an important part of group enterprise management.In order to adapt to the pace of The Times,many group enterprises began to actively explore the financial management mode that can not only adapt to the progress of The Times but also be conducive to the development of enterprises themselves.In this context,the management mode of financial centralized management gradually stood out.In financial management,the most critical link is the management of capital,especially the infrastructure industry.The infrastructure industry is the cornerstone of China's economic development.With the continuous development of the economy,the competition in the infrastructure industry is increasingly fierce.After the economic zone of "one belt and one road" is opened,it adds new vitality to the development of the infrastructure industry.There are many cross-regional companies in large infrastructure construction group companies,and the capital of the whole group is relatively dispersed.Therefore,in terms of capital management,there is a problem of slow response of cash flow information,a certain risk of capital management,and low efficiency of capital use.On the other hand,due to the characteristics of this industry,such as large project volume,long cycle,large amount of capital cushion,and frequent financing,it is difficult to manage its capital.In the process of managing capital,it is prone to capital chain break and other extremely bad problems.Attracted much attention due to the centralized fund management,so people summarized a variety of specific patterns of centralized fund management,including "pool" mode is more and more attention,this model can not only mixing together of group's fund management,also can to a certain extent,reduce costs,timely control method in the use of funds,give full play to the advantages of group funds.The main advantage of the "capital pool" model is that it can play its role flexibly according to actual requirements,and its specific effect depends on the analysis of specific companies.In this paper,TPY group,a large infrastructure enterprise,is selected as the research object.According to the results of application effect analysis,it is found that after the application of the "capital pool" mode,the effect of its capital use efficiency is not significantly improved as expected,but relatively improved.For index reflects the economic consequences of the company,from the management and other funds management mode affect the efficiency of funds management measures has carried on the detailed study,and certainly in the pool model under the premise ofpositive effect,according to the construction of a "pool" model and operation situation,combined with the feature of the business sector,to further enhance TPY group capital centralized management efficiency recommendations,it is recommended to enhance their own management pattern "pool",and also we need to improve some support "pool" model advantage of auxiliary measures.Therefore,it is of great reference value to analyze the advantages of using "capital pool" mode and how to improve the application effect in practice.