Mechanism of action: Holding company and Jin Holding Company

Author: Wang Guogang, Editor-in-Chief
Publisher:
Publishing Time: Not Available
Features: The book "Operating Mechanisms: Holding Companies and Financial Holding Companies" systematically analyzes various models, formation conditions, economic functions, and operating mechanisms of holding companies, as well as those of financial holding companies. Based on this, it explores the development history, causes, conditions, and effects of holding and financial holding companies in China, and finally proposes a series of policy recommendations for establishing financial holding companies in China. The modern financial system is a capital market-based system dominated by commercial banks. Compared to the traditional financial system centered on commercial banks, the main differences are three: First, the role of commercial banks in the financial system is shifted from "main" to "dominant." Second, the capital market has become the foundational platform for financial operations, and without this foundation, the operations of financial institutions will be difficult to fully carry out. Third, in capital market-based financial operations, commercial banks play a dominant role, with many product innovations, transaction innovations, and market innovations being carried out under their leadership.