What are the principles of fund management of group companies?

Legal subjectivity:

Fund management is the key content to ensure the safety of fund operation and improve the efficiency of fund use in group internal control. The principles of group fund management mainly include the following four points: 1, centralization principle From the practice of foreign multinational companies, the power of affairs can be dispersed, but the financial power must be centralized. If there is no highly centralized fund management command system, unified and standardized financial fund management and control system, unified information platform, unsmooth information transmission channels and centralized financial data and fund settlement within the group, it will be difficult for the group headquarters to timely, accurately and comprehensively grasp the relevant information in the whole process of production and operation, and it will also be impossible to implement effective management, supervision and control. The principle of centralization is to ensure that all the funds of the group are controlled quickly and effectively, and to provide financial support and guarantee for realizing the strategic objectives of the group company. 2. The principle of synergy includes the following meanings: first, the capital investment between different functions should be kept in a reasonable proportion; Second, we should maintain a reasonable proportion of capital investment between different products; Third, there should be a reasonable proportion between tactical funds and strategic funds; Fourth, the relationship of mutual adjustment and mutual financing among various departments within the group; Fifth, coordinate capital investment with enterprises or partners outside the group to win. 3. Benefit Principle Benefit principle means that the group should invest as much money as possible in projects that can improve the profitability of enterprises and let more funds participate in turnover. However, from the characteristics of monetary funds, profitability must be subordinated to the need of timeliness, and profits can only be made on the basis of meeting solvency and payment ability, otherwise enterprises may have payment difficulties. 4. Flexibility principle Flexibility principle requires that the capital investment and management of enterprise groups cannot be fixed, and corresponding adjustments must be made in time according to the changes in the external environment of enterprises and competitors. To sum up, many large companies are collective companies now, and there are many subsidiaries below. The requirements for establishing a group company are relatively high, with a registered capital of at least 50 million yuan. The core company shall be a joint stock limited company, and the total registered capital of the collective parent company and its subsidiaries shall be more than 1 100 million yuan. To register a collective company, you need to submit the capital verification report, legal person ID card, resolutions of the shareholders' meeting and other materials.

Legal objectivity:

Interim Provisions on the Administration of Registration of Enterprise Groups Article 5 An enterprise group shall meet the following conditions: (1) The registered capital of the parent company of an enterprise group is more than 50 million yuan, and it has at least 5 subsidiaries. (2) The total registered capital of the parent company and its subsidiaries is more than 654.38 billion yuan; (3) All members of the group have legal personality. The national pilot enterprise group shall also meet the conditions of the pilot enterprise group determined by the State Council.