AM集团母子公司管控体系研究
Study on the AM Group Management and Control System
over Subsidiaries
Abstract
With China's economic development, more and more companies have developed into
enterprise groups. The problem of control over subsidiaries has become an important problem
faced by enterprise groups. Especially, many Chinese private firms have developed into large
enterprise groups after many years, but they faced many difficulties in controlling their
subsidiaries. As a diversified private enterprise group, AM Group has suffered huge losses due
to its lack of control over its subsidiaries. Therefore, the establishment of an excellent control
system over subsidiaries can improve the sustainable development of the company.
In this thesis, AM Group is studied to find the management and control system problem of
private parent-subsidiary companies, and improvement proposals are suggested. Firstly, the
theories and literature of the control over subsidiaries are read and sorted by the literature
analysis method, which provides a strong theoretical basis for further study. Secondly, the
information of AM Group is collected by interviews and observation, and five problems are
found in the management and control system including poor control environment, lack of
systematic risk management, inadequate implementation system of subsidiaries, poor
communication of internal information, and lack of supervision of control system. These
problems were caused by three reasons including managers’weak awareness of risk and control,
inadequate budget management, and deficient corporate governance structure. Thirdly,
combining the existing management and control condition of the company, the effective
improvement proposals are suggested for the AM Group. Finally, there are four measures were
provided for ensuring the implementation of proposals.
Based on the parent-subsidiary management and control theory, and Guidelines for the
Application of Enterprise Internal Control, there are three conclusions are drawn by analyzing
the existing management and control problems over subsidiaries in AM Group. Firstly, at the
corporate level, it is necessary to improve the structure of governance and organization, and to
implement a group decision-making system for the "three important and one large" issues;
Secondly, at the business level, four aspects of the management and control system should be
strengthened, including budget, capital activities, guarantees and profit distributions. Thirdly, it
is the necessary to improve the information management, to strengthen the cultural control of
subsidiaries, to implement risk management, and to strengthen anti-fraud mechanisms.
Key Words: Management and Control; Enterprise Groups; Parent-Subsidiary Company
- II -

大连理工大学专业学位硕士学位论文
目录
摘 要.............................................................................................................................I
Abstract ............................................................................................................................. II
1 绪论.............................................................................................................................. 1
1.1 研究背景................................................................................................................... 1
1.2 研究目的与研究意义............................................................................................... 2
1.2.1 研究目的........................................................................................................ 2
1.2.2 研究意义........................................................................................................ 2
1.3 国内外研究现状....................................................................................................... 3
1.3.1 企业层面管控的研究现状............................................................................ 3
1.3.2 业务层面管控的研究现状............................................................................ 4
1.4 研究思路与研究方法............................................................................................... 6
1.4.1 研究思路........................................................................................................ 6
1.4.2 研究方法........................................................................................................ 8
1.5 研究内容................................................................................................................... 8
2 相关理论.................................................................................................................... 10
2.1 母子公司管控理论概述......................................................................................... 10
2.1.1 母子公司管控定义和目标.......................................................................... 10
2.1.2 母子公司管控体系...................................................................................... 10
2.2 母子公司管控理论基础......................................................................................... 13
2.2.1 内部控制含义和目标.................................................................................. 13
2.2.2 内部控制五要素.......................................................................................... 13
2.2.3 内部控制在母子公司中的发展.................................................................. 16
2.3 对子公司控制的企业内部控制应用指引............................................................. 17
3 AM集团母子公司管控现状与问题分析................................................................... 19
3.1 AM集团概况 ......................................................................................................... 19
3.1.1 AM集团简介 .............................................................................................. 19
3.1.2 AM集团母子公司股权架构 ...................................................................... 19
3.2 AM集团母子公司管控现状 ................................................................................. 23
3.2.1 AM集团公司管控组织及职能现状 .......................................................... 23
3.2.2 AM集团母子公司实施管控的情况 .......................................................... 27
3.3 AM集团母子公司管控存在的问题 ..................................................................... 30
- III -

AM集团母子公司管控体系研究
3.3.1 企业控制环境有待完善.............................................................................. 30
3.3.2 风险管理缺乏体系化.................................................................................. 31
3.3.3 子公司管理制度执行不力.......................................................................... 32
3.3.4 内部信息沟通不畅...................................................................................... 33
3.3.5 对子公司控制监督缺失.............................................................................. 34
3.4 AM集团母子公司管控存在问题的原因 ............................................................. 34
3.4.1 管理层意识薄弱导致控制环境和风险管理不佳...................................... 34
3.4.2 预算管理不当导致相关制度执行不到位.................................................. 36
3.4.3 治理架构设置不合理导致对子公司管控失效.......................................... 39
4 AM集团母子公司的管控体系改进........................................................................... 41
4.1 母子公司管控体系改进目标................................................................................. 41
4.2 母子公司管控体系改进的思路与框架................................................................. 41
4.2.1 改进思路.....................