【作者】 郭春风；

【导师】 王仁祥；

【作者基本信息】 武汉理工大学 ， 国际贸易学， 2005， 硕士

【摘要】 近年来,混业经营的浪潮席卷全球,金融控股公司在美国、英国、日本等地得到了很大发展,而我国目前仍然实行分业经营、分业监管的体制,难以适应混业经营的世界大趋势。金融控股公司因其可以实现“集团混业、法人分业”,不失为我国金融业由分业经营迈向混业经营的现实选择,事实上,我国已开始出现金融控股公司。然而,金融控股公司这种组织架构也可能带来特殊风险,因此,如何防范金融控股公司的风险,促进其健康发展,就成为一个重要课题。 本文对金融控股公司的风险防范进行了研究,全文共分为五章。第一章介绍了论文选题的目的和意义、国内外研究现状和本文的主要研究方法。第二章首先分析了台湾、美国法律对金融控股公司的定义,并对我国大陆的金融控股公司给出了定义,然后分析金融控股公司产生的动因,包括范围经济、规模经济和投资组合效应,最后回顾和分析了金融控股公司在美国、英国、日本以及我国的发展。第三章分析了金融控股公司这种组织架构带来的风险,包括风险传递、利益冲突以及资本的重复计算。第四章探讨了金融控股公司风险防范的组织体系,包括金融控股公司外部监管模式的选择和内部风险管理体系的构建。金融控股公司的外部监管模式可分为多元化模式和一元化模式,论文对这两种模式进行了比较,并对我国金融控股公司外部监管模式的选择提出建议。对于金融控股公司内部风险管理体系的构建,论文首先分析了公司治理结构的完善,然后对我国金融控股公司内部风险管理体系的模式选择提出建议。第五章分析了金融控股公司风险防范的措施,包括金融控股公司防火墙的完善和避免资本重复计算的方法。这一章首先考察了美国、日本、台湾等国家和地区的金融控股公司防火墙以及“联合论坛”的相关指导原则,对我国大陆金融控股公司防火墙的完善提出了建议,然后分析了金融控股公司避免资本重复计算的方法即基础审慎法和基于风险的累积法。更多还原

【Abstract】 In recent years, the tide of integrated financial operation swept the world and financial holding companies developed rapidly in the US, Britain, Japan and other areas. However, the financial industry in China has many difficulties facing the tide of integrated financial operation because of the present system of separated operation and separated supervision. Financial holding company is the realistic choice for China’s financial industry in the transition from separated operation to integrated operation, because the characteristic of "integrated operation for the group and separated operation for legal entities" can be realized. In fact, financial holding companies have emerged in China. But the organizational features of financial holding company can induce some particular risks. Therefore, how to prevent the risks of financial holding company has become an important issue.The thesis is the result of research on the prevention of financial holding company risks and is composed of five chapters. Chapter 1 explains the intention and significance of the thesis, the status of related researches home and abroad and the research methods. In Chapter 2, the thesis at first analyzes the definitions of financial holding company in the law of Taiwan and the US and defines the financial holding company on the mainland of China, and then analyzes the reasons for the emergence of financial holding company, including the economy of scope, the economy of scale and the effect of portfolio. At last, this chapter analyzes the development of financial holding companies in the US, Britain, Japan and China. Chapter 3 analyzes the risks of financial holding company, including the contagion of risks, the conflict of interest and the overlapped calculation of capital. Chapter 4 probes the organizational systems for the prevention of financial holding company risks, which include the selection of external supervisory models and the build of internal risk management system. The external supervisory models include diversified model and unified model. The thesis compares the two models and offers some suggestions to the selection between them for China. As regard to the build of internal risk management system, the thesis analyzes the perfection of the corporate governance and puts forward some suggestions to the selection between internal risk management models. Chapter 5 analyzes the countermeasures for the prevention of financial holding company risks, including the build of firewall in the financial holding company and the approaches for avoiding the overlapped calculation of capital. This chapter examines the firewalls in the financial holding companies in the US, Britain and Taiwan and offers some suggestions to the perfection of the firewall in the financial companies on the mainland of China, and analyzes the approaches for avoiding the overlapped calculation of capital, including the Building-block Prudential Approach and the Risk-based Aggregation Approach.更多还原