Research On The Construction Of Overall Budget Management System Of Local Financial Holding Group

With the acceleration of China’s industrialization and urbanization,local governments have established local financial holding groups in order to integrate local financial resources,maintain the financial environment,and promote economic development.However,due to the influence of the external market environment and internal management system,the development of local financial holding groups faces many difficulties,such as the chaos of the financial market caused by local enterprises falling into the "guarantee circle" and "guarantee chain";due to the excessive shareholding ratio of the government,the operation and development of the group is greatly affected by government intervention;most of them are in the early stage of establishment,and the lack of relevant experience leads to irregular internal organizational structure and imperfect management system.Compared with mature enterprises,emerging local financial holding groups have obvious defects in legal positioning,current supervision system and internal management system,which restrict the further development of local financial holding groups.Drawing on the successful experience of financial holding groups such as CITIC Holdings and Everbright Group,and applying the theory of comprehensive budget management,it can effectively solve the defects of the internal management system of local financial holding groups,improve the level of enterprise management,and more effectively leverage the scale of state-owned financial assets.effect,improve the vitality and core competitiveness of the local economy,and make the local financial holding group bigger and stronger.In the context of the rapid rise of local financial holding groups,through research and analysis of domestic and foreign theoretical discussions on budget management,combined with my country’s national conditions and the business model of local financial holding groups,focusing on the practical application of comprehensive budget management theory,the theory of balanced scorecard is applied to the management system of local financial holding groups to optimize their internal management mode.This thesis takes D Financial Holding Group as the research object,aiming at the practical problems such as the lagging development of the group budget,the disconnection with the group strategy,and the mere formality of performance appraisal,and uses the balanced scorecard theory to construct a comprehensive budget management system of D Financial Holding Group.The innovation of this thesis is to try to combine the comprehensive budget management control system with the annual business plan of the enterprise,and apply it to the management practice of the local financial holding group.The group’s budget management organization,system,process and other framework structures,through the effective integration of the balanced scorecard as a management tool,set corporate budget management indicators to strengthen the effectiveness of praise and incentives.Through the construction of a comprehensive budget management system,D Financial Holding Group promotes business innovation and development,coordinates resource allocation,improves the operational quality and efficiency of each link,and improves the management level of the group,so as to ensure the development of the group company in the most correct direction,which is beneficial to local financial institutions.The transformation and upgrading of the control group.At the same time,the research results of this thesis also have certain reference significance for other local financial holding groups of similar size to build a comprehensive budget management system and promote the healthy and rapid development of enterprises.