Research On Synergy Effects Of Chinese Financial Holding Group

After the 1980 s,with the wave of global economic integration and continuous financial innovation in the world,the financial systems of the major Western countries have gradually moved from separate operations to integrated operations,and international large-scale financial holding groups have also emerged,which has effectively promoted financial services.Industry development and promotion.In contrast,in the late 1980 s,some financial institutions in China have also explored diversified integrated operations.However,due to market environment,institutional mechanisms,and other factors,coupled with the lack of supervision,legal blanks and other factors,the financial industry's comprehensive management It is not smooth and has undergone many reorganizations and cleanups.At present,China still implements the financial system of “separate business operations and separate business supervision,” but it is affected by the development trend of the international financial industry and the pressure of competition in domestic and foreign markets.Mixed business operations are the current era of “great asset management” and the multivariate The main way to achieve management.Since 2002,Chinese financial holding groups have been successively produced.These financial control groups have become effective carriers for diversified operations and comprehensive financial services.The Group's internal synergistic effects have achieved good economic benefits.On the other hand,due to the fact that the development of the domestic financial control group is still in its infancy,it faces more practical difficulties and problems in actual promotion of coordinated development.The level of synergy has its own distinctive advantages compared to the mature business model that has formed in the international community.There is still a huge gap between large-scale financial control groups.How to speed up the healthy development of Chinese financial groups and further embody the advantages of synergies has been increasingly concerned by the practice community and scholars.Based on the analysis of the synergy effect of EB Group,this paper focuses on exploring the ways,obstacles and solutions for the realization of synergy by Chinese financial holding groups.The dissertation begins with the financial holding group,the concept of synergy,and the theory of synergy.It reviews the related literature of synergy in detail and systematically summarizes it,and sorts out the development pattern and typical cases of Chinese financial holding group.On this basis,taking EB Group as an example,this paper describes how this representative financial holding group has achieved synergy in managing more than 1,800 companies in the subordinate financial and industrial sectors;Then it analyzes and evaluates the synergy effects of EB Group,sums up the ways to achieve synergy,and analyzes the role and significance of synergy effects in EB Group's operations based on related theories.It also reveals that the EB Group will promote the process of business synergy.Problems and risks faced;Finally,the implementation of the practical issues of Chinese financial holding group,on the basis of theory,combined with the experience and lessons learned by EB Group in the process of exerting synergy effects,to provide some ideas for the exploration and development of financial holding groups suitable for Chinese national conditions.