Focusing on 84 listed parent corporations, this paper examines their performance after implementing financial management and control, adopting two methods, financial index analysis and factor analysis. Next, a comparison was made among different industries concerning financial performance, and also a trend analysis on years after conducting financial management and control. A conclusion can be drawn that not all corporation undergoing financial management and control meet their goals successfully. Therefore to optimize corporate resources and maximize their performance, an effective pattern of financial management and control should be established in accordance with certain industry characteristics and the specific internal and external environment in which the company stand. © Springer-Verlag Berlin Heidelberg 2013.
CITATION STYLE
Zhao, X., Li, G. H., Liu, J. Y., & Xu, H. (2013). Study on the performance evaluation of the parent-subsidiary corporation’s financial management and control. In 19th International Conference on Industrial Engineering and Engineering Management: Engineering Economics Management (pp. 781–789). https://doi.org/10.1007/978-3-642-38442-4_83
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