Parent-subsidiary Corporation Management Control Research Of Z Company For Civil Aviation Service

Enterprise group is an important form of modern economic organization.However,the formation process of Chinese and Western enterprise groups is different.Western enterprise groups are under the adjustment of the market and plan their own resource allocation and business choices through merger and reorganization.The management and control of subsidiaries by parent company is mainly through adjusting the degree of decentralization of management and control,rationally configuring management and control methods,fully mobilizing the enthusiasm of companies,promoting the complementary advantages,resource sharing,and minimizing costs between subsidiaries.The synergy effect of the group finally realized the overall development strategy of the enterprise group.Different from western enterprise groups,the formation and development of China’s state-owned enterprise groups are usually policy-led reorganization and integration,and most of them just be put together to be a enterprise group but they do not work together.When the management and control ability of parent company is weak,“management but not control” occurs.The high-quality development of China’s state-owned enterprise groups requires further in-depth research on management control theory,further discussions particularity of state-owned enterprise groups on the management and control system,management control mode,and management control methods should be taken to provide a method of optimizationCompany Z is a wholly-owned subsidiary of H State-owned Enterprise Group.In recent years,with its continuous development and growth,it has gradually developed from a single enterprise to a enterprise group.Company Z actively promoted the reform of mixed ownership in order to solve the problems of insufficient core capabilities and weak sustainable development capabilities.During the reform process,problems such as insufficient management control of subsidiaries and weak synergies between parent and subsidiary companies began to appear.There is an urgent need to optimize the management and control system of Company Z,strengthen the management and control capabilities of itself,strengthen internal synergies,and improve the quality of enterprise development.This study systematically analyzes the current status of management and control of Company Z by summarizing relevant research results on management control theory of parent and subsidiary companies at home and abroad,and combining the results of interviews with four levels and 7 types’ staff of Company Z.Then major problems are summarized.In the process of company Z’s management and control optimization design,specific optimization measures were proposed from the four aspects of parent-subsidiary: company’s function positioning,organizational structure setting,management and control mode determination,and management and control means optimization.Taking company Z as an example,the specific method of optimizing the management and control system is given,which has certain reference significance for the optimization of the management control system of state-owned enterprise groups.