Research On The Path And Effect Of The Refocusing Strategy Of Bohai Capital

Research Background and Research Issues:With the global economic integration and world financial globalization,financial holding companies have achieved great development,and the number and size of assets have also increased dramatically.Some financial holding companies have grown "savagely" during the development process,using improper internal related-party transactions to transfer benefits,and even evading supervision through violations of laws and regulations,seriously damaging the efficiency of capital allocation.With the strengthening of regulatory policies,financial holding companies have gradually realized the need to adjust their previous diversified development strategies,take the initiative to slim down,return to the core business with core competitive advantages,and concentrate their efforts on developing the company's core business.Based on this,how should financial holding companies make the decision-making trade-offs of rebalancing strategy and how to implement rebalancing strategy? This article selects Bohai Capital as the object of the case study,and the core research is the implementation and effectiveness of Bohai Capital' refocusing strategy.Focusing on the core issues,this article is divided into four specific research questions: In terms of background and motivation,why does Bohai Capital implement the strategy of refocusing? How does the company make decision-making trade-offs in the formulation and selection of refocusing strategies? How to implement and guarantee the company's nuclearization strategy? After the implementation of Bohai Capital's refocusing strategy,will it have a positive effect on the operating results?This article's research ideas and research methods: Starting from the actual background of the strong supervision of the financial holding company,Bohai Capital was selected as the research object,using theoretical analysis methods and case analysis methods to study the implementation motivation,implementation path and effectiveness of Bohai Capital 's nuclear strategy.Furthermore,through the perspective of core competence and competitive advantage,it analyzes and discusses the essence of the financial holding company's refocusing strategy and provides new theoretical mechanism explanations.The research conclusions of this article are:(1)Bohai Capital's selection of refocusing strategy is a rational choice based on the macro environment,meso background and the company's own situation;(2)core capabilities and core business should be identified when implementing the refocusing strategy,And choose different strategic implementation paths for different businesses;(3)During the implementation of the refocusing strategy,Bohai Capital's divested or sold non-core businesses to expand its core business;(4)Bohai Capital's refocusing strategy Implementation has a positive and positive impact on both the financial performance and operational capabilities of the enterprise,and it has been effective in increasing corporate value from both quantitative and qualitative perspectives.The significance of this article are: Bohai Capital was selected as the research object.From the perspective of corporate core capabilities and resource boundaries,the essence of the refocusing strategy of financial holding companies was explored,and the mechanism of refocusing was explained Innovated.Combining the differences in corporate core capabilities,determining whether and how to review will help the development of financial holding companies and improve their ability to serve the real economy.The research results of this paper have a good reference meaning for other financial holding companies in implementing the refocusing strategy.