Research On Enterprise Group’s IIFC Mode In Our Country-Base On Crec’s Case

Integration of Industrial-finance Capital (the abbreviation is IIFC) refers to permeate and industry sector and financial sector, funded by the supply and demand of funds, equity investment, such as M & A, or keep in close contact with certain economic behavior, thus forming the large capital or enterprise alliance. It helps enterprises to be bigger and stronger, stronger and diversification, also can effectively reduce the transaction costs, save operating cost and form synergistic effect.According to the international and domestic experience, IIFC can upgrade the com petitiveness of enterprises remarkable. Thus IIFC is a strategic choice for the majorit y of enterprise group in china. The State Council has recently made an important deci sion to speed up the construction of railways, in this environment, CREC can accelera te the development and develop into a powerful force. In this environment, CREC sho uld innovate the IIFC mode, sharing development opportunities with the financial and ins urance institutions. CREC should be integrated development model of active exploratio n and innovation of industrial and financial capital, promote the business cooperation bet ween industry and finance capital, collaborative and cooperative strategy, realize the compl ementary advantages.This article analyzed and discussed the mode of IIFC of enterprise group of our country. On this basis, the USA, Japan and China, the Combination mode empirical a nalysis, and to the success of the Combination of enterprise groups to compare and st udy the case, while the theoretical review and research。 At the same time, this paper will make IIFC mode as the research angle of view. According to the characteristics o f the enterprise, CREC’s IIFC mode could be the following four modes:ginseng finan cial holding companies, finance companies, financial holding company, strategic coopera tion with external financial institutions. Through the comparative analysis of four kinds of mode, put forward the suggestion mode of CREC’S IIFC. And suggest how to prev ent the risk of IIFC。...