Value Effects and Evaluation Matrix of Financial Cooperative Control of Enterprise Group

Value effect is the basic problem of financial cooperative control of enterprise group, the motivation of which is the pursuit of environment adaptation value and resource allocation value and interest relation value. This paper studies the value effect and its evaluation matrix of financial cooperative control based on seventy enterprise groups´ data of manufacturing industry in China from 2006 to 2007. The result shows that environment-adaptation value effect, resource- allocation value effect and interest-relation value effect constitute the space system of financial cooperative control and that the evaluation matrix can be used to identify value levels of financial cooperative control of enterprise group effectively. This paper builds an index system and designs an evaluation matrix of value effect of financial cooperative control, what can be used to financial synergetic management for enterprise group.