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Study On The Influence Of Combination Of Industry And Finance On The Business Performance In F Group

Posted on:2020-10-06Degree:MasterType:Thesis
Country:ChinaCandidate:Y X KongFull Text:PDF
GTID:2439330572975745Subject:Accounting
Abstract/Summary:PDF Full Text Request
The combination of industry and finance is the product of the development of market economy to a certain stage.It is the organic combination of industrial capital and financial capital within enterprises.Under the new economic background of adjusting structure and stable growth,the combination of industry and finance can solve the problem of capital cost of enterprises,effectively improve the competitiveness of enterprises and promote the transformation of enterprises.In China,the combination of industry and finance has gradually become the direction of the reform of the socialist market economic system.Nowadays,our socialist market economy has gradually developed to perfection,and the government also provides policy support for the integration of industry and finance.Under this relaxed background,many enterprises will seize the opportunity to implement the integration of industry and finance and achieve their own successful transformation and upgrading in the near future.Practice shows that the effect of integration of industry and finance in enterprises is unsatisfactory,and there is no consensus on how integration of industry and finance affects business performance in academia.So it is of great theoretical and practical value to study the impact path and effect of the combination of industry and Finance on business performance in China.This paper takes the combination of industry and finance of F Group Company as the research object,using the theory of transaction cost,diversification and synergistic effect,and using literature induction and case analysis to study the impact path and implementation effect of the combination of industry and Finance on enterprise performance.Firstly,this paper defines the basic concepts,modes and business performance of the integration of industry and Finance Based on the research background of the paper and the current research of experts and scholars in academic circles.Through the analysis of the motivation and path of the integration of industry and finance,the dissemination mechanism of the integration of industry and finance to business performance is obtained.Secondly,starting with the case of F Group Company,this paper introduces the process,motivation and mode of the combination of industry and finance of F Group Company.In the part of case analysis,the process of integration of industry and finance of F Group Company is divided into two stages: the initial integration of industry and finance mode and the current dual-drive mode,and the corresponding implementation motivation,path,effect and problems in each stage are studied and analyzed.Finally,it analyses the risk problems existing in the implementation of the integration of industry and finance in F Group Company,and puts forward the corresponding countermeasures as well as the experience and Enlightenment of the integration of industry and finance.The research finds that with the deepening of the integration of industry and finance,the synergistic effect of "industry and finance" becomes more and more obvious,and the empirical performance of enterprises is improved.However,the implementation of the integration of industry and finance in the short term can not bring a significant improvement in the performance of enterprises,or even have a negative impact.It is a long-term task for enterprises to implement the integration of industry and finance.Finally,by summing up the experience and Enlightenment of F Group Company in the implementation of the integration of industry and finance,it can provide a reference for the enterprise groups that will carry out the integration of industry and finance,and put forward some reference significance.Firstly,enterprises should insist on taking industry as the core to prevent financial risks caused by blindly expanding capital in pursuit of economic profits after gaining investment returns,which will lead to the rupture of capital chain;secondly,enterprises should strengthen the monitoring and management of risks in the process of integration of industry and finance;lastly,enterprises should seize the opportunity to realize strategic transformation as soon as possible,constantly develop and improve the mode of integration of industry and finance.
Keywords/Search Tags:Combination of Industry and Finance, Business Performance, Case Analysis
PDF Full Text Request
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