The Finance Function Orientation And Future Trend Of Chinese Enterprise Group Finance Corporation

Finance Corporation is a kind of new finance organization following the development of banking industry. In the first, it just provid financial service to consumers who would like to purchasing consumes. Later, the biz scope expands day by day. Due to the different economic and financial environment, status of every finance corporation all over the world is various, until now without any united definition of the finance corporation.From this article, we start with development history and status to analyze the function orientation and future trend of Chinese enterprise group Finance Corporations.First, it introduces the international definition of Finance Corporation, and then our Chinese finance corporation definition. Also points out that We Chinese Finance Corporation is a kind of special non-bank finance organization providing financing service to enterprise groups. Finance Corporation emerges on itswith the development of enterprise groups in 1980s. it is the result of special management and marketable service requested by group financing operations combination after the enterprises developed to some certain scale and collectivize function.American scholars Bodi and Merton suggested the new method to analyze and observe finance system is function view. As a kind of finance organization. Finance Corporation shall also utilize finance function view to analyze the development and changes. Author first analyzed that American Finance Corporations selected biz operations in terms of market principal independently. But we Chinese Finance Corporations are insufficient in finance function supply, need to intensify their function and exert promotion to the enterprise group development and keep the coordinative relationship between two. The issuance of 2004 latest made a new historical period for Finance Corporation's developments. It also will bring deep influence on Chinese Finance Corporation industry. The content refers to Finance Corporation function orientation and significant biz scope changes in provide political fundaments of We Chinese Finance Corporations. Finance Corporations shall innovate themselves facing external competitive stress and internal development requests. Also the author assumed that the potential biz lie in vendor credit, consume credit,...