Abstract
There are three main types of corporate management and control. They are strategic management and control, financial management and control, operation management and control. The choice of enterprise management and control mode is affected by many factors. Enterprises generally establish an appropriate management and control system based on factors such as functional positioning and business characteristics. With changes in internal and external environments or corporate strategic transformations, dynamic adjustment of corporate management and control models. The management and control model of Chinese enterprises must conform to the trends and characteristics of state-owned enterprise reform and industrial transformation.
Highlights
The choice of a group company’s management and control model for its subsidiaries is affected by many factors, which are related to the national system, law, culture, economic and social development level and other macro factors, and related to the industrial characteristics involved in the enterprise group and the evolution history of the enterprise group related
In order to realize the strategic coordination and resource sharing of the entire group, the parent company formulates the company's overall development strategy based on the external environment and existing resources, and the business activities of the subsidiary companies must be subordinate to the parent company's overall strategic activities
The advantage of the strategic management and control model lies in the separation of decision-making and execution between parent and subsidiary companies, and the separation of property management and product management, which is conducive to the professional operation and incentives of subsidiaries; at the same time, the parent company focuses on strategic decision-making and resource deployment, and ensures the overall group through decision-making control
Summary
The choice of a group company’s management and control model for its subsidiaries is affected by many factors, which are related to the national system, law, culture, economic and social development level and other macro factors, and related to the industrial characteristics involved in the enterprise group and the evolution history of the enterprise group related.
Sign-in/Register to view highlights & summary 
Published Version (
Free)
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call