集团化运营与管理的经济后果:研究评述与展望

A Review of the Economic Consequences of Business Group Operating and Management

集团化运营与管理带来的经济后果是一个重要且复杂的主题,这方面的研究对深化企业理论具有重要学术价值,同时对中国企业集团化发展也具备较强的启发借鉴意义。本文以集团化运营与管理的经济后果为主线,从集团化运营与企业价值、集团多元化经营及经济后果、企业集团内部资本市场与运作以及企业集团内部管理与经营效率四个方面,按照由总体到具体的逻辑思路,对已有文献进行总结和回顾,并对未来研究进行展望。以期通过对企业集团化的相关研究动态进行系统梳理归纳,指出未来可能进一步深化研究的方向。

The topic related to business group operating and managemenl is both important and complicated. Studies on this topic can help develop tirol theories and also bring significance to practical firm operation. This paper focuses on group operating and management,and gives a review of the following areas：group operating and firm value,economic consequences of group diversification,internal capital market operation mechanism,and internal management and control efgiciency. Additionally,it is expected for future research,leaving possible development research hints for future.