我国券商引入全业务链模式研究

发布时间：2018-05-18 05:16

本文选题：券商 + 模式　；参考：《华东理工大学》2014年硕士论文

【摘要】：新中国证券交易市场的建立始于1986年,经历了约30年的发展历程。券商作为金融舞台上的主要角色之一,对繁荣资本市场、促进经济发展发挥了巨大作用,自身也得到了长足发展。但是相对于境外成熟资本市场来说,我国的券商成立时间较晚,发育还不够健全,其盈利模式仍然一直是“通道式”的盈利模式,目前正面临着许多困难和问题。随着我国政治经济体制改革的全面深化,资本市场的发展,金融管制政策的放宽,证券行业改革创新已成大势所趋、大势所逼,不改革创新就没有出路,必须迈出实质性的步伐。因此,证券业务经营将发生根本性改变,券商创新发展也将面临前所未有的历史机遇。本文将用发展的眼光重新审视券商的发展模式：首先对“全业务链”模式进行界定,回答“全业务链”的内涵与特征优势。然后对境外成熟资本市场的先进模式进行分析,归纳出有利于我国证券业发展的思路和措施,回答了目前理想的券商模式“是什么”和“怎么做”的问题。本文的中心议题是如何借鉴国外的经验,建立符合我国券商实际情况的“全业务链模式”,着重对“全业务链”中大投行运作模式、财富管理业务、资产管理业务这三大业务模块进行战略规划,提供可行性方案,最后对引入该模式进行可行性分析,提出推广方式。
[Abstract]:The establishment of the new Chinese stock exchange market began in 1986 and has experienced a development process of about 30 years. As one of the main roles on the financial stage, securities firms have played a great role in prospering the capital market and promoting economic development. However, compared with the overseas mature capital market, the securities firms in our country have been established late and have not developed well enough, and their profit model is still a "passageway" profit model, which is now facing many difficulties and problems. With the overall deepening of China's political and economic system reform, the development of the capital market and the relaxation of financial control policies, the reform and innovation of the securities industry has become a general trend, driven by the general trend, without reform and innovation, there is no way out. Substantial steps must be taken. Therefore, the operation of securities business will be fundamentally changed, and the innovation and development of securities firms will also face unprecedented historical opportunities. This paper will re-examine the development model of securities companies from the perspective of development: firstly, define the mode of "whole business chain" and answer the connotation and characteristic advantages of "whole business chain". Then it analyzes the advanced mode of overseas mature capital market, sums up the ideas and measures beneficial to the development of China's securities industry, and answers the question of "what is" and "how to do" the ideal securities business model at present. The central topic of this paper is how to draw lessons from the experience of foreign countries, to establish a "whole business chain mode" in line with the actual situation of our securities firms, and to focus on the operation mode of "full-service chain" and wealth management business. The three business modules of asset management carry out strategic planning and provide a feasible scheme. Finally, the feasibility analysis of introducing the model is carried out and the promotion method is put forward.
【学位授予单位】：华东理工大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F832.51;F274

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