Research on the Development Path of Mixed Operations in the Financial Industry

Author: Zhang Yan
Publisher:
Publish Date: 2003-11-01
Features: Starting from the reality of financial system changes in Western countries, the author systematically studies and demonstrates the development paths of financial conglomerate operations in these countries, summarizes the development trajectory of conglomerate operations, and combines China's actual conditions to derive the development approach for financial conglomerate operations in China. Based on the theoretical foundations of the financial intermediary function perspective and institutional change, this book integrates the analytical methods of cutting-edge economics such as information economics, contract economics, industrial organization theory, and new institutional economics. It systematically studies and demonstrates the development paths of financial conglomerate operations in Western countries, proposes a basic explanatory framework for the formation and evolution of financial business models, and further explores the more generally applicable elements in the evolution of financial business models. On this basis, combined with China's actual conditions, it innovatively derives the development approach for financial conglomerate operations in China.