The Optimization Study On Funds Supervision And Control Mode Of Yayan Group

Along with China's accession to WTO, Chinese enterprises are facing increasingly fierce market competition due to the internationalization of the Chinese domestic market and the internalization of international competition. Facing such situation, more and more domestic enterprises chose the way of corporation for further development. They tried to enhance their competitive power and avoid the risk on market by establishing new enterprise groups or incorporating with other groups. However, in reality the development of Chinese enterprise groups is not ideal. For instance, after the rapid expansion of initial stage, the majority of Chinese enterprise groups have encountered tense working capital and cash flow, and at the same time the original management system and administrative personnel reserve were not able to meet the needs of business expansion and so on. All of these have affected the normal production and operation of these enterprises, and weakened their capacity for further development.In connection with this phenomenon, I have selected Yayan Group, which is one of the top ten enterprise groups in Gansu province, as the research subject. Applying the relevant theories of the management of parent company and its subsidiary focusing on the optimization on funds supervision and control, I have studied and analysed Yayan Group's existing funds supervision and control mode and its operating situation, defined the optimized purposes and principles of Yayan group's funds supervision and control mode, confirmed the targeted mode of optimization, and put forward three specific measures to optimize its existing funds supervision and control mode such as optimization of funds management system, optimization of funds supervision process and optimization of organizational structure of funds control. I hope the thesis should provide Yayan Group with pragmatic suggestion and proposal so as to improve Yayan Group's funds supervision and control, strengthen its supervision and control on its subsidiaries' funds, and raise the financial target completion rate of its subsidiaries. Meanwhile, the results of the study of Yayan Group can be used as reference by other enterprise Groups with similar problems.