Research On The Financial Company Model In Z Group's Centralized Fund Management

With the continuous improvement of China's market economy,more and more enterprises exist in the form of groups and are increasingly large in scale,and play an increasingly important role in social and economic activities.Abundant capital flow is the foundation of enterprise operation and development.It runs through the whole process of enterprise operation from the beginning to the end,and providing continuous energy for the development and growth of enterprise groups,as well as a solid guarantee for the realization of ultimate strategic goals of enterprise groups,and also a bond connecting subsidiaries at all levels.Z group company is a large wholly state-owned enterprise group authorized by XX municipal government to operate state-owned assets.It is a leading enterprise in the electronic information industry of XX city.The "2016 top 500 Chinese enterprises" ranks the 120th and the "2016 top 500 Chinese manufacturing enterprises" ranks the 44th.With Z group company scale expands gradually,in order to better for the group and member management fund,reduce financial cost,improve the efficiency of financing,at the same time in order to regulate the behavior of group members unit production and operation,to prevent financial risks and promote the stable operation and healthy development of the group company Z,Z group company is actively seeking the most suitable funds centralized management mode.First,the paper expounds the background and significance and the related basic theory of the centralized fund management.Secondly,the author reads a large number of domestic and foreign literature and summarizes the advantages and disadvantages of centralized fund management mode and the necessity of centralized fund management.At last,the author analyzes the current situation of Z group fund management company,obtains the problems and the insufficiency in the cash management.By analyzing the reasons and puts forward improvement suggestions and measures.In combination with the "13th five-year" strategic development plan of Z group company,to promote the overall development of Z group company to achieve steady and long-term development,the author believes that the establishment of a financial company is the most suitable mode of centralized capital management for Z group company.