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The Research On Feasibility Of Asset Management System In A Company Group

Posted on:2005-11-13Degree:MasterType:Thesis
Country:ChinaCandidate:S F ZhouFull Text:PDF
GTID:2156360152466030Subject:Business Administration
Abstract/Summary:PDF Full Text Request
With the developing of socialism marketing, government-owned corporations being to build the system of ownership separating operation. Owners and operators form the relation of commission. information between them is dissymmetrical. The owners after capital value to the maximum and the operators after self-benefit to the maximum with the minimum of operating risk. The contradiction because of their different benefit exists in the whole course. So the owner finance system come into being under this background. The research can promote owners to build and perfect the system of asset management,realize the capital maintained and added.According to commission theory, owners face two basic problems: reversal choices and moral risk under information dissymmetrical. To solve these two problems, the owners need to perfect finance control system. The key-point is to build effective encouragement and strict supervision system. Proper encouragement can maintain owner' s equity, strict supervision can reduce damage on owners.The writer choices a company group company group to research. The writer considers A company group should build feasible asset management system to make the capital maintained and added. The system can stimulatebut also can monitor operators. First, the writer analyzes the achivement evaluation index and salary system. Second, to the supervision aspect the writer think A company group should practice pre-supervision, mid-supervision and re-supervision. To per-supervision, A company group should change planning management to budget management system. To mid-supervision, A company group should build examine and approve system, CFO commission system,which is blank to A at the moment. To the re-supeivision, A should improve framework of organization and should agent external organization to audit. These research can perfect asset management for owners.
Keywords/Search Tags:The owner finance, Asset management system, Information dissymmetry
PDF Full Text Request
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