The Operating Mechanism Of The Enterprise Group's Internal Financial Research

Corporation Groups are the significant carriers of modern economic activities and the leading propulsion of development. 30 years of reform and opening-up has made our Chinese enterprises constantly stronger, and the large-scale enterprises are playing an increasingly important role in our national economy, so the demand of financial market-driven relocation is steadily on the increase. But at present our financial systems are not perfect, the transaction frictions are still exist between the enterprises and external financial markets, which have made the cost of foreign financing relatively high and the financing channel narrow. For strengthening internal capital management and overcoming the uncertainty of external financial market, many enterprises have realized the capital centralization of management through setting up the internal financial institutions represented by corporation financial company to improve the capital utilization efficiency and to make the internal financing and capital allocation play their active roles.This article revolves around the standard research, comprehensively discusses the current role of financial service played by corporation financial company and other financial auxiliaries through the analyzing the internal financial system of Shanghai Electric Group. Meanwhile, by comparative analysis of enterprise financial operation modes both home and abroad, some suggestions intended to improve the deficiency of our internal financial system are also included in this article and finally come to a conclusion that the main method for the financial company to train the core competence and competitive advantage is from the clear strategic target and positive operation innovation.Finally, from the standpoint of operational strategy of enterprise internal financing, this article discusses the future developing direction and operation focus of Shanghai Electric Group, pointing out our internal financing shall be established in the financial integration and the combination of production and financing to enhance the resources integration, business promotion and global expansion.