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Research On Financial Management Control Mode Of ZF Group

Posted on:2021-05-10Degree:MasterType:Thesis
Country:ChinaCandidate:J R WuFull Text:PDF
GTID:2439330602472738Subject:Business Administration
Abstract/Summary:PDF Full Text Request
With the development of economic globalization and increasingly fierce market competition,whether a group company with a certain scale can achieve long-term and steady development depends not only on the scale,technology,brand and other factors displayed by the group company,but also on its internal control level.Financial control,as a means of strategic control,plays an increasingly important role in enterprise management.However,the old financial management and control model has been unable to meet the management needs of the group development,and the failure to update the management model will restrict the external development of enterprises.In order to effectively solve the above problems,it is of more practical significance to systematically study and optimize the financial control mode of China's group.In today's changeable development environment,only continuous innovation theory,continuous change of technology,improve the level of control,can improve the core competitiveness of the group,support the enterprise group to win more development space.Most of the existing theoretical research focuses on the market research and development innovation field,and there are few researches on the innovation and optimization of the financial control model of enterprise groups.The existing research lacks theoretical height and is not universal.As a municipal government investment and financing company,ZF group has gradually become a large-scale and diversified enterprise group company after years of development.Due to historical reasons,ZF group coexists the dual mode of "centralization" and "decentralization" in the financial control of its subsidiaries.With the increasing asset size and diversified business,the range of internal management increases significantly,and the difficulty of financial control of the group is also increasing.This article,based on the duality of ZF group financial control characteristics,scholars at home and abroad for reference,the latest research results,the problems existing in the financial control mode of ZF group,think ZF group financial dual control mode has restricted the vitality of enterprise development,investment and financing to control the risk is bigger,the inefficiency of capital operation,financial informatization construction is relatively lag,financial performance appraisal lack of means.The main causes of the financial control problems are the group's development strategy positioning is not high,the government investment and financing system reform is not complete,the financial team control ability is insufficient.To solve these problems,put forward to promote group development strategy implementation,improve overall operating efficiency,improve the quality of group financial information,to ensure that the group operating legal compliance,to ensure the safety of group of state-owned assets of financial control,and puts forward strengthening group combined with the actual financial strategy control,introducing financial Shared services mechanism,establishing the group capital settlement center,build a unified financial control platform,perfecting the effective performance appraisal system and so on specific optimization measures,based on this,By actively obtaining the support of the group decision-making level,strengthening the team building of financial personnel,strengthening the audit supervision of financial activities,introducing the balanced scorecard evaluation system and other safeguard measures,the financial control problems of ZF group can be effectively solved,the financial control level can be improved,and the development strategy of the enterprise can be better served.This paper believes that ZF group should fully seize the opportunity of the reform of state-owned enterprises in zhengzhou,introduce the new concept of financial sharing service,and adopt the strategy of gradual progress,actively and steadily promote the optimization of financial control mode of the group,and improve the financial operation level of the enterprise.The research of this paper has practical guiding significance for the practical work of the financial control mode of government investment and financing companies with a certain scale,and also provides experience for the promotion of the optimized control mode in the same type of group companies.
Keywords/Search Tags:Enterprise Group, Financial control, Binary mode, Optimization analysis
PDF Full Text Request
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