The Research On Optimization Of The Combination Of Industry And Finance Of SG Company

The combination of industry and finance as a business model that efficiently and quickly matches resources is also an important way to achieve diversified operations and enhance the competitiveness of enterprise groups.In order to reduce transaction costs,obtain financing convenience,increase profitability,create synergistic value and enhance international competitiveness,SG Company has obtained various types of financial licenses other than bank-license through different methods,such as initiating establishment and investing in shares,under the supervision of that time.SG company,a typical representative of the development of the combination of industry and finance cooperation in state-owned company,has successfully built a financial business segment with Yingda International Holdings Group Co.,Ltd.as its core,which provides reference value for other companies.Based on the theory of basic resource view,the theory of transaction cost,the theory of synergistic effect and the theory of diversified strategy,the paper studies the combination of industry and finance of SG company with the method of document analysis and interview survey.The study found that SG company has problems such as uneven development of both industry and finance,low financial support to the industry,less talent exchange between industry and finance,and insufficient integration of business,resources and capital.The reason is that the industry and finance fail to collaborate in management,resources,business and capital.So,the paper proposes specific optimization plans and corresponding implementation and safeguard measures.With the research on the combination of industry and finance of SG company,The innovation of this paper is to propose optimization and corresponding implementation and safeguard measures.Optimization includes management,resource,business and capital optimization.Implementation includes decomposing the optimization and then forming an implementation plan,headquarters leading management and capital optimization,Headquarters leading and pilot implementation of resource and business optimization,"Look-back" checking to improve the quality of optimization.Safeguard measures includes establishing and improving the system,establishing a closed-loop management system,continuously improving the communication and coordination mechanism,and Strengthening risk prevention and control mechanism.Limited to the author's lack of experience,this paper needs to improve the research depth of the effectiveness of the combination of industry and finance of SG company.Further research may use Empirical analysis to research effectiveness of it in order to find the best optimization.As Chinese scholars increasingly call for the admission and regulatory policies,the combination of industry and finance will be more standardized in the future,which will effectively promote the strength of Chinese enterprise groups and enhance their international competitiveness.