The Operation Of American Finance Company And The Enlightenment To China

American finance company has the most similar approaches to Chinese finance company of enterprise group, regarding to the industrial background and service capability. In addition, America is regarded as one of the most advanced developed countries in the global market economy, so the practical operation of its finance company has a certain representation. Therefore, referring to the American experience and knowledge has crucial significance to promote the further development of Chinese finance company. This thesis focuses on the detailed analysis of relative theories and practical experiences to explore the discussion. Firstly, it illustrates the theoretic basis of finance company, encompassing four theories of the combination industry and finance, trading cost, information asymmetry, and financial function. Secondly, it describes and analyzes the current situation of Chinese finance company's development and the practical operation of American finance company. At the end, in the advance of referring to the American experiences, it presents the appropriate enlightenment to Chinese finance company from the aspects of government and enterprise group. Also, it explores the research of how to foster the core competence in Chinese finance company.The innovation of this thesis focuses on: (1) Analyzing the character of American finance company, based on the research and description of the practical operation of American finance company and the study case of GECS, and with the application of the basic theories in terms of operational mechanism, the combination of industry and finance, and financial function to. (2) Identifying and forming the core competence for Chinese finance company from the professional operation capability, finance creative capability, risk control capability and human resources management capability four aspects; and exploring the criteria of researching the professional operation capability from the perspective of security, profit, fluidity and service. They are illustrated according to the present situation of lacking the priority of core competence in Chinese finance company in terms of the dual attribution of self-enterprise and self-finance, referring to American finance company's practical experience.