Overall Budget Management Of The Enterprise Group Study

Under the circumstances of market economy, the large-sized corporation and conglomerate have played a more and more important role in the society. Today, the economic strength competition among different countries is undoubtedly embodied in the competition among their corporations and conglomerates. Although China has made great achievements in enforcing the strategy of developing conglomerates since the beginning time of executing the reform and opening policy, we should admit that China's conglomerates still lack suitable competence comparing with the advanced conglomerates in the world. Therefore, how to improve the management ability in China's conglomerates, how to enhance their international competence and how to compete with foreign conglomerates has become an emergent issue for the researcher and manager. Considering the complication in the management of conglomerates, the writer thinks that the conglomerates' management should be improved by the enforcement of comprehensive budgeting. Presently, many enterprises in our country have already actualized the budgeting management, but that is far from the real comprehensive budgeting, and there are many shortcomings in its execution process. Thus, the writer of this thesis chooses the topic of "The study on the comprehensive budgeting of conglomerates".Firstly the thesis introduces the significance of executing comprehensive budgeting from the angle of history, economic structure and governance, and expounds that applying the comprehensive budgeting is the internal requirement for improving the management structure of conglomerates. The second part of the thesis discusses mainly the basic theories on comprehensive budgeting. Basing on the theories of comprehensive budgeting, the thesis puts forward the target of comprehensive budgeting, that is creating and increasing value for the organization through utilizing effectively the resources, paying high attention on the customer's value and shareholder's value, and the driving factors of organizational innovation. The thesis concludes that the comprehensive budgeting, as the important composition of financial management, is essentially a kind of systematic management.