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January 1, 2008· Journal of Shanxi Finance and Economics University
article

Layered and Decentralized Managment of Enterprise Finance

Authors:Pei Bo-ying *

Abstract

Enterprise group is a corporation union lead and set up by means of group company assorts with and unifies production management and financial policy of member enterprises in group.Enterprise group should manage group finance by layered and decentralization way,according to statute specification and hierarchical authorization of organization.Group company is on the basis of group statute and authorization,which not only is an administrative level of group finance,but also is parent company of main member enterprises in group.This determines that group company plays a unique core management part in enterprise group finance.

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