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The Research Of Centralized Capital Management In The China National Petroleum Corporation

Posted on:2009-03-01Degree:MasterType:Thesis
Country:ChinaCandidate:G L HuangFull Text:PDF
GTID:2189360272492098Subject:MPAcc
Abstract/Summary:PDF Full Text Request
Group internal financial management problems, has been troubled by the internal management of oil field enterprise groups is a major problem as well as the business community is very concerned about a real problem. The management of enterprise groups to "profit target for the financial center, focusing on funding." With the development of oil field enterprise groups, of their multi-industry, multi-level legal and illegal businesses were more bodies, as if the funds "blood" at all levels of the organization will flow more complex and difficult to control. To implement centralized management of funds will help ensure that the Group's internal financial targets in favor of a concerted investment in the direction of the adjustment to enable them to focus on the strategic direction of the adjustment will help establish the "overall interests", to achieve the maximum interests of the group as a whole.This article introduced centralized management of funds in the development process and the status quote, centralized management of funds and financial support for the theory of the advantages of centralized management;to compared with the centralized management of funds in five major mode and the methods of the centralized management of funds; also to analysed the status quote and some problems in the China National Petroleum Corporation financial management; put forwarded a system of centralized management of funds (the finance company mode)for the China National Petroleum Corporation financial management to build the centralized management of funds system for China National Petroleum Corporation financial management to achieve the sources of funding , use, where the unified planning, unified configuration and operation of the unity and achieving a high degree of intensity, give full play to the capital as a business operation and development of oil resources in the economies of scale, The oil companies to maintain cash flow in the balance under strict and effective control, also to improve the business model of fund management methods and information technology and applications in order to effectively reduce the capital and to avoid risks Group to enhance the core competitiveness of the Group to achieve the optimal allocation of resources and maximize the interests of the group as a whole.
Keywords/Search Tags:Oil Field Enterprise, Centralized Capital Management, Finance Company
PDF Full Text Request
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