1、学校代码： 10246学 号： 硕 士 学 位 论 文Title in ChineseTitle in English院 系： 经济学院专 业： 应用经济学（中国经济）姓 名：指 导 教 师： 完 成 日 期 ： 年 月 日UNIVERSITY CODE: 10246STUDENT ID: TITLE OF THE THESISMA THESISPresented in Partial Fulfillment of theRequirement for the Master Degree by theGraduate School of Fudan UniversityByLast name,
2、 First nameFudan University2015Defense Date: April 24, 2015 EMA Chinese Economy ProgramComment a1: List of Professors Who Guided You at the Thesis Proposal Meeting Comment a2: ProfessorComment a3: Associate professorComment a4: LecturerComment a5: Professors Chinese name指导小组成员名单熊继洲 教 授孙立坚 副教授朱 叶 副教授
3、杨长江 讲 师Comment a6: TABLE OF CONTENTSComment a7: 1Please add subtitles after each chapter(“章”) and section(“节”) for example：第一章 宏观经济 .1 第一节 经济运行.12Translation of some of the items listed here: 摘要 Abstract引言 Introduction结论 Conclusion参考文献 Bibliography后记 PostscriptI目 录摘 要 .1Abstract.2引 言 3第一章 （略） .7第一节
4、7第二节 9第三节 17第二章 .22第一节 22第二节 23第三章 .29第一节 29第二节 35第三节 40第四节 43第四章 .46第一节 46第二节 49第三节 54第四节 56结 论 65参考文献 68后 记 71Comment a8: Chinese AbstractComment a9: Body of your Chinese AbstractComment a10: Key WordsComment a11: Type your key words in Chinese (about three).Comment A12: Chinese Library Classifica
5、tion CodeComment a13: Just keep the original code if you dont know how to do it.1摘 要金融控股公司作为企业，特别是金融企业实现业务多元化战略的一种有效的组织结构形式，在经济全球化的浪潮中已成为金融业发展的一种主流趋势。对金融控股公司的理论和实证研究没有对其独特优势形成一致结论，可以说，金融控股公司的优势与风险并存，而且其优势的发挥要具备一定的内外部条件。但是在实践中，金融控股公司在发达国家展示出了强大的生命力，成为许多国家金融企业增强竞争力的有效手段。我国正处在经济体制转轨的关键时期，在加上入世时承诺的 2006
6、年后金融业的全面对外开放，如何应对国外金融企业的强大竞争，是我们必须要面对的现实问题。根据国际金融业发展趋势以及我国金融业改革开放的现状，设立金融控股公司是实现分业限制下的混业经营、增强金融业竞争力的有效途径。本文试图通过对主要发达国家金融控股公司发展过程和发展模式的分析比较，并结合我国具体情况，探索出一条适合我国国情的金融控股公司发展道路。本文共分为四章，第一章是对金融控股公司的理论述评，首先根据国外学者对金融控股公司的定义以及我国理论界的研究状况，给出我们认为的金融控股公司所必须具备的要素，然后回顾了国外理论界对金融控股公司理论的研究，最后是国外理论界对金融控股相关理论的实证研究；第二章，
7、我们从市场准入的角度，通过对我国金融业经营模式以及银行业集中度两个方面的考察，探讨了我国实行金融控股公司模式的现实性；第三章，我们首先对主要发达国家金融控股公司产生与发展的历程做了简单的回顾，之后对纯粹型、经营型和多元型金融控股公司发展模式进行了分析比较，发掘各自的特点，而后通过金融控股公司业务多元化战略的模型分析，认为金融控股公司采取何种经营模式应根据自身的具体情况而定，最后，对主要发达国家金融控股公司发展模式的经验教训作一归纳；第四章，我们对我国金融控股公司发展的现实必然性做了具体的分析，之后考察了金融控股公司在我国的发展现状，分析了金融控股公司这种组织结构模式的风险所在，并根据国外发展实
8、践和我国实际，从金融控股公司发展模式、发展步骤、内部建设和外部监管四个方面提出一些政策建议。关键词：金融控股公司 发展模式中图分类号：F276.62AbstractAs an effective form of organization structure for an enterprise, especially a financial intermediary, to fulfill the strategy of diversify, Financial Holding Co-pany(FHC) has become a major growth tendency of financia
9、l industry in the process of economy globalization. The research in theory and demonstration for FHC has not draw a consistent conclusion for its particular superiority, which means the concurrence of its predominance and risk, and it needs some inner and external conditions to achieve the superiori
10、ty. But in the practice, FHC has shown its strong vitality and become an effective method for many countries to improve their competitive position.It is a realistic issue of how to cope with the strong competition of foreign financial intermediaries in the period of economic system transformation an
11、d the general opening after 2006. According to the growth trend of global financial in-dustry and its present status in China, FHC is a efficient approach to achieve the integrated operation under the restrict of separate operation. In the thesis, we try to find a way suited to Chinese FHCs developm
12、ent through the analysis and comparison of the developing process and mode of FHC in major developed countries.The thesis is composed of four chapters. The 1st chapter is the theory review of FHC. Firstly, we give our opinion to the sectors absolutely necessary for FHC according to the research of f
13、oreign and domestic. Then we review the foreign research to the theory on FHC. Finally, we will see about the demonstration to its related theories. In chapter 2, we discuss the feasibility of FHC in China from the point of view of market admittance through the analysis to the operation of financial
14、 industry mode and the concentration of banking. In chapter 3, we do a simply review to the process of emergence and development of FHC in several major developed countries firstly, then we analyze and compare the three different modes of FHC, and do a research to the diversify strategy of FHC by a
15、model, finally, we will draw any inspiration. In chapter 4, we especially analyze the necessity of developing FHC in China, and then we review its circumstance in China.we also do a systematic analysis to the risks faced by FHC, and give our suggestions to its developing modes, steps, inner construc
16、tion and external supervision.Keywords: financial holding company development modeChinese Library Classification Code:F276.6Comment a14: INTRODUCTIONComment a15: (Omitted)3引 言（ 略）Comment a16: CONCLUSIONComment a17: (Omitted)65结 论（略）Comment a18: BIBILIOGRAPHY68参考文献1蔡浩仪.抉择：金融混业经营与监管M.昆明：云南人民出版社，2002：5
17、9-69.2贝政新，陆军荣.金融控股公司论兼析在我国的发展M.上海：复旦大学出版社，2003：55-77.3桂荷发.金融集团的发展与监管M.北京：经济管理出版社，2004：105-118.4韩嫄.关于组建金融控股公司的对策建议基于成功案例的分析J.中央财经大学学报，2004(4):19-23.5姚俊，姚康，蓝海林.我国金融控股公司运作模式研究J.经济经纬，2004(2)：127-129.6束华.银行控股公司国有商业银行的必然选择J.开发研究，2001(4):16-19.7张显球.银行控股公司：金融制度演进的必然趋势J.南方金融，2000（7）：7-9.8陈铁英.论我国金融控股公司发展模式选择J
18、.南方金融，2004(10):33-35.9王学军.金融控股公司发展的理论基础及启示J.中央财经大学学报，2004(8):19-23.10祁国联.国外金融控股公司的比较与我国的发展模式探讨J.中州学刊，2004(6):53-55.11郑良芳.稳健发展我国金融控股公司的研究与建议J.经济研究参考，2004(35): 9-13。12孔令学.中国金融控股公司制度发展模式探讨J.济南金融，2003(9):28-30。13余敏.对商业银行发展金融控股公司的思考J.上海金融,2004(7):58-59.14汤斌，李健.金融控股公司：商业银行实践混业经营的组织模式选择J.乡镇经济，2004(7):38-40
19、.15王铮，张文.分业经营与金融控股公司的发展J.经济问题探索，2004(3):15-18.16孙平.关于金融控股公司的若干认识J.武汉金融，2004(3):25-28。17熊波，肖华.国外金融控股公司治理分析及其启示J.西南金融，2004(7):35-3718胡同捷，刘凤军.金融改革与金融控股公司J.农村金融研究，2004(2):18-21.6919李娟，吴正光.金融控股公司混业与分业两难局势下的现实选择J.新疆金融，2004(6):22-24.20杨筱燕，刘延冰.金融控股公司监管体系如何设计J.金融论坛，2004(9):26-28.21黄守勇.金融控股公司：我国混业经营的现实选择J.南方金
20、融，2004(5):14-16.22段鸿斌.开放条件下我国金融控股公司监管制度设计J.新疆财经，2004(2)19-21.23冯静生.论我国金融控股公司的发展J.金融理论与实践，2004(4):15-17.24彭宗明.我国发展金融控股公司的模式选择J.商业时代，2004(17):14-16.25蔡才河.我国金融控股公司的发展J.浙江金融，2004(6):16-18.26王栋，王静然.中国商业银行集中度与回报率背离分析兼论我国银行市场结构的优化J.武汉金融，2000(4):31-33.27于忠,王继翔.对我国银行业集中度决定因素的实证分析J.统计研究，2000 (5):21-23.28徐杰.中国
21、银行业市场集中的的发展趋势先分散后集中J.新东方，2004(5):18-20.29李伟.金融业经营模式的分析与对策J.科技进步与对策，2002(6)22-24.30Benveniste, Lawarence M. and Paul A. Spindt, 1989, How investment bankers determine the offer price and allocation of new issues, Journal of Financial Economics, 24(October).31 Calomiris, Charles W.,Regulation, 1993, R
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27、System Design Reconsidered, New York University,1996；41Amihud Y and Miller G，Bank Mergers42Kevin J. Stiroh and Adrienne Rumble, The Darkside of Diversification: The Case of U.S .Financial Holding Companies, Federal Reserve Bank of NewYork,2 003;43Howell E. Jackson, The Regulation of Financial Holdin
28、g Companies-Entry forNew Pal grave Dictionary of Law and Economics, Harvard Law School.Comment a19: POSTSCRIPT (similar to ACKNOWLEDGEMENTS)Comment a20: (Omitted)71后 记（略）Statement of OriginalityThe thesis is independently written by the author under the direction of the advisor. In addition to what
29、is specially labeled and contained in the acknowledgement, the thesis does not include anything published or written by other persons or organizations. Inspirations and contributions by other people have been clearly stated and appreciated in the thesis.Authors Signature: Date: Authorization Stateme
30、nt for Thesis UseThe author fully understands the provisions of Fudan University on keeping and using degree theses, namely: the school reserves the right to retain a copy of the thesis and allow it to be searched and read by others. The school may publish all or part of the thesis and retain it by
31、photocopying, microprinting or other reproduction means. Confidential theses Comply with these provisions after the decryption. Authors Signature: Advisors Signature: Date:Comment a21: A STATEMENT OF THE ORIGINALITY OF THE THESIS (i.e. the thesis is written by you) Comment a22: SignatureComment a23:
32、 DateComment a24: A STATEMENT OF AUTHORIZATION FOR THE THESIS TO BE STORED BY THE LIBRARY AND READ BY OTHERSComment a25: SignatureComment a26: Supervisors SignatureComment a27: Date论文独创性声明本论文是我个人在导师指导下进行的研究工作及取得的研究成果。论文中除了特别加以标注和致谢的地方外，不包含其他人或其它机构已经发表或撰写过的研究成果。其他同志对本研究的启发和所做的贡献均已在论文中作了明确的声明并表示了谢意。作者签名： 杨宏宇 日期： 2012.6 论文使用授权声明本人完全了解复旦大学有关保留、使用学位论文的规定，即：学校有权保留送交论文的复印件，允许论文被查阅和借阅；学校可以公布论文的全部或部分内容，可以采用影印、缩印或其它复制手段保存论文。保密的论文在解密后遵守此规定。作者签名： 杨宏宇 导师签名： 熊继洲 日期： 2012.6
