金融控股公司理论与实证研究综述

A Survey of Theoretical and Empirical Researches on Financial Holding Companies

在美国、欧洲、日本和中国台湾等发达经济体中,金融控股公司已经发展成为大型金融机构的重要组织形式。分析和研究金融机构向金融控股公司转型以及转型后金融控股公司业务多元化程度对其经营绩效所产生的影响已经成为学界和业界关注的热点问题。本文介绍了主要发达经济体中金融控股公司产生的背景,并从金融控股公司逻辑起点、多元化评价和绩效评估方法三个方面,按照文献的发展脉络和逻辑关系对相关重要文献进行了梳理和总结;在此基础上,我们还进一步探讨了今后我国发展金融控股公司应当注意的几个重要问题。

Financial holding companies now become the most important form of large financial institutions in the U. S.,EU,Japan,and Taiwan,et al. The recent researches of financial holding companies mainly focus on the transformation of financial holding companies and the impacts of business diversification on performance. This paper introduces the background of financial holding companies in main developed economies,and overviews the existing literature from the aspects of logical starting point,diversified evaluation and performance evaluation. On the basis of this,the paper further discusses several important issues for the future development of financial holding companies in China.