Risk Management And Prevention Of Industrial Financial Holding Company

Economic globalization promotes economic exchanges among countries,and capital flows frequently around the world.In order to adapt to this situation,countries have accelerated the implementation of domestic financial integration,integrated economic resources,and strive to take the lead in the wave of globalization.Under this background,the financial industry of various countries has gradually changed from separate operation to mixed operation and comprehensive operation.The banking,insurance and securities industries have been developing in a continuous way.A large number of international financial holding companies have emerged,which have a profound impact on the global capital market.At the same time,industrial capital has also entered the financial field at the right time.Many developed countries have formed financial companies with industrial holding.With the deepening reform of the financial industry in China,the financial industry has gradually become monopolistic towards opening up,and the traditional financial institutions in China are facing great challenges.Specialized financial institutions have created their financial empire in a large scale,gradually laying out their business in various financial fields,and the trend of mixed operation has emerged.As a reasonable organizational form in the transition from separate operation to comprehensive operation of financial industry,financial holding companies have developed in blowout mode in the following years.At the time of the drastic reform of financial institutions,a large number of industrial capital has entered the financial industry,participating in the holding of financial institutions including banks,securities,insurance,trust and other industries,and actively building the framework of industrial financial holding companies.As an effective mode of operation for real enterprises to control financial industry,industrial financial holding companies can help real enterprises to obtain the convenience of financing,and can also use their strong capital to help financial institutions develop.The establishment of industrial financial institutions has promoted the development of China's real enterprises,improved the efficiency of resource allocation,and is conducive to the coordinated development of industry and financial industry.However,both internal governance and external supervision of industrial financial holding companies are still in the stage of gradual improvement.Such a large amount of industrial capital entering the financial industry poses a threat to the operation of various entities,and at the same time may transfer operational risks to the financial industry.In addition to the imperfection of external supervision,there is a vacuum zone in industry supervision,which breeds problems such as related party transactions,insider trading,false capital injection and recycling capital injection,and brings risks to the stable development of China's economy and society.This paper takes "Tomorrow Department",a representative of private industrial financial holding company,as an example,reveals the potential risks of industrial financial holding company through case analysis,and puts forward the internal governance opinions and external supervision suggestions of industrial financial holding company based on the theory of financial risk generation.