The Research On The Particular Problems In Chinese State-Owned Enterprise Groups Budgeting

As the emphasis of reform and development ,Chinese state-owned business groups have made great progress and have been the focus of world attention since the mid and late ' 80s.But,at the same time, there are many issues that have been hindering Chinese state-owned business groups from developing further for years. The most important one is how to enhance to control subsidiary .optimize the distribution of the resources, give play to its cooperative effect. Based on the experience of other developed countries, budgeting is not only conducive to improving the efficiency and effect of management but also an important method to improve competitive ability. At the same time, according to the relevant document request of Economic Trade Committee and Ministry of Finance, the state-owned business groups should build up budgeting system. Therefore, the research of how the budgeting is enforced in state-owned business groups becomes an urgent topic.But, in contrast to common enterprise, property rights and organization structure of state-owned enterprise groups are particular. Analyzing the particularity is useful to improving the capacity of budgeting . This paper discusses on relevant problems.The creation points of the thesis mainly embodies: ① Presently, budgeting is mostly centralized on operating budget, financial budget and specialized budget. It is seldom concerned with human capital budgeting. The thesis constructs the human capital budgeting system, and the system include: human capital budgeting objective, human capital budgeting and strategy, core system of human capital budgeting and its conditions and environment. ②The particularity of state-owned enterprise groups impact on budgeting target system. The existing studies focus on the common property rights enterprise ,which achievements do not always suit state-owned business groups .The thesis build a new budget target system suitable for state-owned business groups. (3) In the existing incentive scheme , the truth-inducing pay scheme is complex of calculation, regard bargaining which take place in budgeting process as adverse factor and try to get rid of it. In contrast to the truth-inducing pay scheme, HU theory is more reasonable and simple ,but it have some defects ignoring varying conditions of budget task and fixed income. The thesis will improve and perfect HU theory.Although the thesis makes a few progress, further research is necessary. With the development of state-owned enterprise groups and richer budgeting practice in...