A Case Study On Financial Intensification Of State Grid Corporation

In recent years,the state grid corporation business has developed rapidly,from a single field of electric power business extended to more areas,the construction unit not only spread all over the domestic various provinces,cities and counties,also occupy a certain market share in foreign countries,the group scale expands unceasingly.This is brought about by the rapid development of higher requirements for financial work quality and efficiency,but the state grid corporation of traditional financial management mode belongs to the distributed management,organizational structure and presents the "pyramid" type,unable to meet the needs of the modernization of the group management.Therefore,the state grid corporation,in order to improve the management efficiency of the group's enterprise management,improve the financial control ability of the group headquarters,formulate and implement the management plan of financial intensification.Financial management mode of the intensification of very good solution to the state grid corporation construction unit work content repeat degree is high,wide scope of business operation and management problems,to strengthen the group's headquarters in central control rights,effectively simplifies the complex financial work,improve the quality and efficiency of the financial work.Financial successful implementation of the intensification of state grid corporation of China's other group enterprises,especially large state-owned enterprises management mode innovation provides a good reference value,this is this article research significance.Based on the existing financial intensification,on the basis of related literature on the theoretical system of financial intensive comb and summarize,under the theoretical system of state grid corporation of financial intensive case are analyzed and discussed,summed up the experience worthy of learning in the case,at the same time analysis of the current stage of state grid company always is the shortage of financial intensive process and improvement Suggestions are put forward.The first chapter of this paper mainly elaborates the research background and significance of this paper,and summarizes the relevant literatures according to the framework of financial intensive theory.The second chapter constructs a relatively perfect financial intensive theory system,which lays a theoretical foundation for the case analysis of financial intensification of state grid corporation.The third chapter analyzes and discusses the process of financial intensification of state grid corporation based on the theoretical system built in the previous article,and expounds the achievements already achieved.In the fourth chapter,based on the analysis of the case,the author summarizes the construction experience of the financial intensification of state grid corporation,points out the existing problems and puts forward some Suggestions for improvement.This article through to the national grid company financial intensive case study,think that the construction of financial intensive is ascending group enterprise value as the core,the goal set up need around group strategic target,the build process is according to the steps in stages to build each module of the financial work intensification.State grid corporation of financial intensive has made some progress: basically completed the establishment of the basis of standardization,comb the module in the management of financial restructuring the business process,in accordance with the business process to strengthen the degree of integration information system,set up information platform for supporting financial intensive operation.The innovation of this paper is a systematic exposition of the theoretical system of financial intensification.It clarifies the basic framework of financial intensification,and summarizes the experience that is worth learning through the analysis of the financial intensification of state grid corporation.But as a result of state grid corporation financial intensive overall building has not been completed,the theoretical system of later stages in case can't get a good argument,also need to state grid corporation financial intensive further tracking,so as to perfect the theory system of financial intensive.