【作者】 张竹云；

【导师】 姚禄仕；

【作者基本信息】 合肥工业大学 ， 企业管理， 2007， 硕士

【摘要】 本文是2004年上海证券交易所第十三期联合研究计划项目《证券公司失败研究》的相关研究成果之一。面对加入WTO后国外证券公司的竞争，股权分置改革的全面实施，以及证券公司综合治理工作的全面展开，我国证券公司所处的外部环境和内部状况都发生了深刻的变化。本文从分析我国创新类证券公司业务收入结构出发，对比国外证券公司的盈利模式，分析得出我国证券公司一直是传统的通道盈利模式，存在规模偏小，业务集中度低，高度依赖于经纪业务等问题。在新形势下，我国证券公司应向创新服务盈利模式转变，在为客户提供适合其需求的最佳服务的基础上，针对自身特点进行业务转型及创新，同时建立完善以净资本为核心的风险控制指标体系，实现证券公司的可持续发展。更多还原

【Abstract】 This paper is one of relative results of "Research on the failure of the securities companies" in "2004 Shanghai Stock Exchange 13th joint research projects".Facing the competition of the foreign securities companies after joined the WTO, stock-trading reforms are fully implemented, and the integrated management of securities companies are full swinging,China’s securities company’s external environment and internal situation has undergone profound changes. Based on the analysis of our innovative securities companies’ operating income structure, contrasting the foreign securities companies’ profit model, China’s securities companies have been the traditional channel profitability model, there are small in scale, low concentration of business, highly dependent on brokerage and other issues. Under the new situation, China’s securities companies should be innovative services profit model, to provide for their customers the best service on the basis of operational restructuring and innovation in addition to establishing a perfect net capital as the core indicators of risk control system, and implemente the securities company’s sustainable development.更多还原