Research Of The Diversity In Financial Holding Group

Financial Conglomerates refers to those who provide two or more financial services, who are made of two or more law entities, and under the same control. Financial Conglomerates is the developmental advanced phase of the multinational finance, it comes into being profiting from resultant force of a good many factors. As a kind of financial system's innovation n 1980s, Financial Conglomerates is capable of springing up in the global because it is a kind of enterprise operation mode who can This paper bases on the background of finance total status quo of the China, aims at these symptoms in our country which are the imbalance of financial system, restraints of inner finance production relation and financial efficiency lack, and brings forward Financial Conglomerates mode who is the key to solve them. The paper focuses on the diversity of Financial Conglomerates, and tries to find the key factors through which to incarnate economy efficiency. And so, on the base of resource stratagem theory, efficient theory and inner money market theory, it analyses the main efficiency characteristic of diversity and factors relating to it, then research on the each factor to seek after how each factor determine the total efficiency and developmental of the Financial Conglomerates. Finally, by using the above analysis, diversity of ZhongXin Holding Group is overlooked, through which our country's status quo of financial holding companies is reflected. on this basis, constructive suggestions are put forward for the development of Financial Conglomerates of China. In conclusion, the total paper research can educe three main conclusions in the following:(1) Diversity efficiency of Financial Conglomerates focus on: resource share efficiency; diversity operation efficiency and resource collocation efficiency. Coordinated space mainly points out the coordinated capacity of diversity operation in the fields of markets, information resources;, management, and research and development. Coordinated capacity is a variable, it is a dynamic developmental process and limited by both the outer development of science and technology, financial environment, laws and regulations and inner collectivity innovation capacity and resource management level.(2) The four forms' partition of Financial Conglomerates on the one hand indicates the developmental state, on the other hand points out the adjustment way of Financial Conglomerates the efficiency advancement. At the same time, those four types interact with each other and work at different stages of Financial Conglomerates.(3) We elicit conclusion as follows by analyzing the diversity efficiency of ZhongXin Group: Resource share efficiency of ZhongXin Group is evident, but doesn't incarnate superiority on the income; from the point of view, ZhongXin Group belongs to "organism of saved resourse company". ZhongXin cross products increase at the speed of 19.7% every year in recent years, but innovation capability will be under advanced farther due to the lack of the cross products' depth. According to the test of M-W method, the possible result is that the inner integrative degree is low, and it oppresses coordinated capacity without releasing fully. As for vocation trait of resource collocation and geographic region, ZhongXin incarnates steady collocation and effectively reduces the venture centralization.Now the finance of China is in the interim to transit from separated operation to mixed operation, at this time, we research on the diversity efficiency combined with the research of theory and caset. All these must conduct huge significance in theory and practice fields.