Study on Budget Management Combined with Business and Finance in China Power Grid Enterprises

Yu-bo HU

Abstract


With the development of the new electric power system reform, some changes have taken place in the management environment of the power grid enterprises, and higher requirements have been put forward to the management level of the power grid enterprises. Power grid enterprises can further promote the integration of industry and finance through strengthening budget management to achieve the goal of reducing cost and increasing efficiency and to improve economic efficiency so that they can gain an advantage position in the market competition. This paper expounds the importance of the budget management of power grid enterprises to promote the integration of industry and finance, analyzes on the current application status of the budget management mode of industry and finance integration of power grid enterprises, and puts forward the corresponding countermeasures to further improve the budget management.

Keywords


Integration of business and finance, Power grid enterprise, Budget management


DOI
10.12783/dtem/emba2019/29350

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