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A Study On The Environment Essential Factors Related To The Normal Development Of Investment Bank In China

Posted on:2003-04-03Degree:MasterType:Thesis
Country:ChinaCandidate:D Z JinFull Text:PDF
GTID:2156360065460023Subject:Technical Economics and Management Studies
Abstract/Summary:PDF Full Text Request
The Investment bank, as the main financial medium organization in capital market, is mainly made up of Securities Corporation. During the past ten years, it has been making great contribution to our socialist market economy. In the course of its development, the main problem lies in the abnormal operation. On one hand, its abnormal development may lead to the result that the information is inaccurate and the relationship between demand and supply in the capital market is distorted. Consequently, it will lead to unwise macro decision; On the other hand, its abnormal development will make the information of the corporations in stock market unbelievable. Therefore, to research the normal development of the investment bank will be a task of great importance and necessity.Firstly, based on the economy theory, the paper analyzes the origin of the investment bank and its development history, development mode and development trend. After touching on the relationship between the investment bank and the commercial bank; the business of the investment bank, the author concludes that in China, investment bank is mainly made up of Securities Corporation. And at the same time, the role that the investment bank has played in modern economy is pointed out.Secondly, the internal and external environment essential factors, which affect the normal development of investment bank, have been classified. The external environment essential factors mainly include the basis of market economy, the condition of capital market and the supervision system. The internal environment essential factors include the organization structure, the inner control mechanism and the incentive mechanism. By means of the method of comparison and the method of integrating authentic proof and norm, the problem and the condition in the investment bank in China has been analyzed.Finally, considering all the problems in environment essential factors, in order to perfect law system, improve corporate governance, strengthen internal control and establish human resource system in investment bank, systematic suggestions are provided.
Keywords/Search Tags:investment bank, normal development, environment essential factor, countermeasures
PDF Full Text Request
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