Research On The Internal Control Of China’s State-owned Enterprise Groups

Enterprise group refers to capital as the main connection link between mother and child company as the main body, with the articles of association of the group for a common code of conduct of the parent company, subsidiary, taking a stake in the company and other members of enterprises or institutions of a certain scale of the enterprise as a legal person consortium. Enterprise group is senior organization form of modern enterprise. At present, with the deepening of the reform of state-owned enterprise, our country has formed a batch of large state-owned enterprise groups with independent intellectual property rights and brand, the main business prominent, internationally competitive have been formed. As the marketization and internationalization trend has become increasingly obvious, the government, enterprises, social demand for the state-owned enterprise group to strengthen the construction of internal control is more intense, it is necessary to analyze the current condition of the state-owned enterprise internal control system construction, and put forward the corresponding countermeasure and the suggestion.The purpose of this paper is to practice on the basis of domestic and international enterprise internal control theory, combined with the characteristics of state-owned enterprise groups in China, the state-owned enterprise group internal control system construction condition analysis, and the problems and defects found, put forward the corresponding opinions and suggestions, in order to promote the development of theory and practice of the state-owned enterprise internal control system construction. This paper mainly adopts normative research method, such as deduction, comparison, induction to study the internal control problems of the state-owned enterprise groups.The main points of this paper are as follows:1. After a long time development, the theory of internal control theory has been developed from financial development to the phases and the enterprise risk management, internal control framework for enterprises to improve efficiency of operations management, optimize resource allocation, risk prevention and control, increase benefit. The internal control in China’s state-owned enterprise groups started relatively late, at present there are still imperfect corporate governance structure, low management efficiency, information communication obstacle and other problems to improve.2. At present with further perfecting the socialist market economic system, deepening of the reform of state-owned enterprises, beginning of the mixed ownership reform kicked off, according to the goals and tasks of The Eighteenth National Congress of the CPC and the Third Plenary Session of the Eighteenth Central Committee of the CPC, China’s state-owned enterprise group should adhere to establish and perfect modern enterprise system, perfect the corporate governance structure, compressed management level and strengthen information communication, build enterprise culture, to enhance the competitiveness of the state-owned enterprise groups in the face of marketization and internationalization situation, keep playing the pillar role of state-owned enterprises in market economy.