Effectiveness Analysis Of Junzheng Group’s Industry-Finance Integration

The combination of industry and finance is the mutual penetration and internal integration of the real industry and the financial industry for better development.According to data,almost 80% of the world’s top 500 companies have adopted this model,and it has become the only way for enterprises to achieve cross-level development.The phenomenon of industrial-financial integration in China is likely to blow out.At the same time,the government also provides convenient policy conditions for enterprises that want to implement the combination of industry and finance.Under this circumstance,I believe that many large enterprise groups that are eager to try will show their efforts and make good use of the opportunity to promote the enterprise to become bigger and stronger.However,the actual failure cases have also given enterprises a great deal of attention,and the effect of the combination of industry and finance has not reached the expectations.And there is no definite research result on how the combination of industry and finance has an effect on business management.Therefore,it is of great theoretical and practical significance to study the effectiveness of the industry-financial integration of Chinese enterprises.This article takes JunZheng Company as an example,refers to the research literature of the predecessors,and uses inductive analysis,case analysis and other methods to carry out detailed research on the process of combining industry and finance.Through a series of researches conducted by JunZheng Group on the integration of industry and finance,the effectiveness of JunZheng Group’s current combination of industry and finance is explored:effective,ineffective,and negative effects.This article first clarifies the research background of the thesis.Based on the current research on the integration of industry and finance by academic scholars,it reviews the previous scholars’ research on the concept,mode and effectiveness of the combination of industry and finance,and studies the path of industry and finance integration to determine the impact of industry and finance integration on enterprises.Mechanism of business effect.Starting from the case of the JunZheng Group,the industry background and the actual situation of the JunZheng Group will be used to conduct in-depth research from its mode of integration of industry and finance,motivations,etc.,to explore the rules and future trends of the integration of industry and finance,to provide effective JunZheng Group industry and finance integration References and suggestions.This article will demonstrate the effectiveness of the integration of industry and finance from two aspects of performance and efficiency.First,scientifically and dialectically select performance evaluation financial indicators to conduct a vertical and horizontal comparison analysis of the industry and finance combination of JunZheng Group.In this respect,the impact of the integration of industry and finance on corporate performance is studied in depth.In addition,according to the characteristics of the JunZheng Group,this paper uses the DEA model to study the efficiency of industry-finance integration.The study found that with the deepening of the depth of industry-finance integration,the synergy effect of the combination of industrial capital and financial capital is more conducive to better development of enterprises.However,the initial combination of industry and finance is likely to have a negative impact on companies due to the heterogeneity of financial capital.It is a long and arduous task for enterprises to implement the integration of industry and finance.The substantial integration of industry and finance is focused on the industry,promoting the mutual penetration and coordination of industrial capital and financial capital in the core business value chain,and integrating upstream and downstream development.The shortcomings of this article are the author’s limited level,insufficient collection of data,insufficient research on the combination of industry and finance,and the fact that I have selected a company of JunZheng Group for research.It is difficult to conduct a combination of industry and finance on behalf of all companies.In the face of the situation,many enterprises across the country have insufficient reference.