Improvement of financial management of enterprise

Abstract

With the rapid development of economy, enterprises show a cross-industry, cross-regional and even transnational group development trend.Nowadays, the scale of enterprises is expanding day by day, and the organizational structure is becoming more and more complex. Due to the existence of principal-agent problems, the scientific and effectiveness of group management, especially financial management, has become a prominent problem affecting the healthy and sustainable development of enterprises. Control power is the core competitiveness of large enterprise groups, and the management of Chinese enterprise groups generally has the problem of excessive centralization or decentralization, and the moderate financial management mode has become the fundamental guarantee for large enterprise groups to maintain strong vitality . Alibaba Group, as a representative of the emerging Internet enterprise group, has a huge scale and must not only face.The management problems brought about by the expansion of enterprises, but also to deal with the uncertainty of the external environment, the innovation of technology and the variability of user needs and many other problems of the test, the scientific and effective of its financial management model put forward higher requirements. In order to cope with this challenge, Alibaba's financial management model has also experienced the troubles of centralization and decentralization in its development process, until it proposed a financial management model combining centralization and decentralization based on its operation strategy of "big middle desk and small front desk". This paper chooses Alibaba as a case to study the financial management mode of large enterprise groups.Based on the principal-agent theory, group financial management theory and risk management theory, this paper has sorted out the evolution process of its financial management mode and clarified the three stages and characteristics of its financial management: centralization, decentralization and unification. The paper focuses on the scientific nature and effectiveness of Alibaba's financial management model, which is based on "big, middle and small front desk" : the innovation of the regular staff "rotation" system is an important premise for Alibaba to implement the "unified and combined" financial management model; Flexible, efficient, timely and reliable "middle desk" meets the needs of the group's rapid expansion, but also brings advantages such as employee maker, organizational streamlining, process standardization, intelligent means, precise control, and remarkable results. Alibaba's financial management model based on the combination of "big, middle and small front desk" has set other enterprises.The team development provides beneficial reference: to improve the ability of healthy and sustainable development of enterprises based on organizational reengineering, to build the core competitiveness of enterprises based on the unification and appropriateness of financial management, and to make full use of modern information technology to realize organizational reform.