Research On Innovation And Application Of Management Module Of Group Finance Company

The foreign finance companies have had a history of 200 years and play a significant role in social and economic life. Big multinationals establish subsidiary institutions such as finance company to offer special financial service for them. And now moren than two-thirds of multinationals have established finance company. In China finance company is a product of the economic and financial system reform and acts as a new force in financial fields. The theory and practice on management, development module and supervision of finance company is in the course of studies and explorations. The various and special demands for financial service of the groups, and the increasingly open global financial market have given much pressure to finance companies. Facing serious challenge and competetion, finance company has the driving force to innovate.But how to realize the sustainable development in the process of serving the groups? How to make full use of comparative advantages and cultivate core competetions through the innovation? How to evaluate the comprehensive strength and efficiency of finance company? What is the trend and advancement for finance company in the future? All these problems are worthy of our consideration. So it is of great practical significance for us to study on the management module and product innovation of finance company. It is bennificial to cultivate competetions of finance company and attract attention of supervision institution to make better circumstance and policy for finance company. At the same time finance company acts as one member of the whole financial system, whose developments are also useful to rich Chinese finnancial market and promote reform and development of the whole finnancial system.Under such background I made a study on the throry, manangement module and some product innovation of finance company in the paper. The main research works were as follows:(1) First I analysized the theoretical foundation of finance company. The main research problems about advancement, innovation and competition compraisal were also involved.(2) Then I introduced the the background of finance company in China and pointed out the main problems in the process of finance company development, which was also the main conten of the research. Based on the comparation of finance company in China with finance company in advanced countries and zones, I gave some advice in order to benefit from the experience.(3) In this chart I analysized the key factors of FCM from the angle of valuechain management, and used the method of SEM to make an empirical research on these key factors to give some thoughts for group implecating FCM.(4) Based on the comparation of FCM model of finance company and group, I designed two new FCM models:the agent bank model and the virtual bank model, and applied the agent bank model into practice.(5) I made some innovation on the asset secutities and notes business and also applied them into practice having gotten economic effects and profits. It is instructive and significative for finance company industry in such business.(6) I created a comprehensive competetion index system of finance company based on the characters and facts of finance company industry, and then selected finance company from energy and electronic power industry as samples to make an emprical studies.Finally, I summarized the work of the full text, and pointed ou the direction that would be studied further in the future.