Enterprise Group Financial Control System Study

As we all know, the speed of setting up business groups in our country is comparatively fast, but the management levels relatively lags behind. Especially the financial supervision and control is very weak. And the operations of the members always run in the opposite direction to the financial management goal of the whole business groups. The system of the financial supervision and control is not only the important part of the corporate governance of the business groups but also the core of the financial system of business groups. Its importance has drawn the concern of more and more people. Undoubtedly building and spreading the system of financial supervision and control have great realistic meaning and far-reaching influence. On the other hand, many business groups have built up the modern enterprise institution, the structures of their corporate governance are nearly perfect and their basic management works have done very well. So optimizing the financial supervision and control system and reinforcing the inner management of the business groups become more and more important. Beyond all doubt, carrying on systemic and overall theoretical research to the above-mentioned problems then announcing the results will produce the enormous social benefits and economic benefits.According to studying frames, the dissertation is divided into five parts, the main content is as the followings:The first part probes into the relevant concept and the theoretical foundation of the financial supervision and control system of the business groups. After analyzing systematically such factories as the necessity, the meaning, the characters and the influence of the financial supervision and control system of the business groups, a framework of it has built up. Then expounds the theoretical foundation from the two respects of the agency theory and utility analyzing.The second part analyzes the principles and main problems needing solving of building the financial supervision and control system of the business groups. Seven main principles have been listed, such as the systematic control, exception management etc. As to the mode choice of the financial supervision and controlsystem of the business groups, the author puts forward the point of "centralization is the main fact, fraction for complementing".The third part is concerned with the main contents of financial supervision and control system of the business groups and defines the range and border of it.The fourth part describes the main realizing means of the financial supervision and control system of the business groups. Then points out eight major measures of it: the fund control, personnel control, the budget control, the system control, and audit, incentive control, early warning system and appraisal control.The last part probes into the running environment and security mechanism of the financial supervision and control system of the business groups. On one hand emphasizes the important meaning of the good external environment condition, on the other hand points out some issues about the immune system to the financial supervision and control system of the business groups.In a word, this dissertation makes every effort to build a comparatively perfect framework of the financial supervision and control system of the business groups. The author hopes that it can benefit our country's institutional improvement of the financial supervision and control system of the business groups in the future.