{"title":"Research on Financial Management of Group Enterprises Based on Financial Sharing Center Taking Company M as an Example","authors":"Junrui Lin","doi":"10.2991/ICOEME-19.2019.30","DOIUrl":null,"url":null,"abstract":"As a new management mode of financial management of group enterprises, financial sharing services are the trend of enterprises breaking through the traditional financial management mode. For the fund management of large group companies in China, it can not only improve the efficiency of capital utilization of enterprises, but also strengthen the enterprises’ financial controls and reduce their financial expenses. The Financial Sharing Center has been practiced for many years in the world, based on which, the financial management has gradually recognized outstanding advantages in control, efficiency and quality. Based on the status quo of Chinese financial sharing centers, this paper conducts a case study of Company M, objectively analyzes the operation state of enterprise fund management Company M based on the financial sharing center, and finds out problems in fund management processes of Company M. Finally, in order to solve above problems, Company M can take optimization measures to conduct the enterprise fund management based on the financial sharing","PeriodicalId":133507,"journal":{"name":"Proceedings of the 2nd International Conference on Economy, Management and Entrepreneurship (ICOEME 2019)","volume":"26 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2019-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Proceedings of the 2nd International Conference on Economy, Management and Entrepreneurship (ICOEME 2019)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2991/ICOEME-19.2019.30","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
As a new management mode of financial management of group enterprises, financial sharing services are the trend of enterprises breaking through the traditional financial management mode. For the fund management of large group companies in China, it can not only improve the efficiency of capital utilization of enterprises, but also strengthen the enterprises’ financial controls and reduce their financial expenses. The Financial Sharing Center has been practiced for many years in the world, based on which, the financial management has gradually recognized outstanding advantages in control, efficiency and quality. Based on the status quo of Chinese financial sharing centers, this paper conducts a case study of Company M, objectively analyzes the operation state of enterprise fund management Company M based on the financial sharing center, and finds out problems in fund management processes of Company M. Finally, in order to solve above problems, Company M can take optimization measures to conduct the enterprise fund management based on the financial sharing