摘要
科层配置(科层制)和市场配置是金融控股集团配置内部资源的两种方式。无论是采用科层制还是充分利用内部市场,金融控股集团的主要目的都是在考虑集团整体利益最大化的基础上,以期获得协同效应。本文认为,内部市场与协同效应之间有紧密的关系,无论是在业务协同还是在管理协同方面。可能获取正协同效应,也有可能导致负协同效应,应通过合理的利益补偿以及风险分担等措施,提高正协同效应,降低负协同效应。
Bureaucracy and market allocation are two methods to allocate internal resources of financial share- holding groups. Whether using bureaucracy or fully employing internal market, financial share- holding groups aim at gaining synergy effect based on maximizing group＇s overall interests. ＂Ibis paper asserts that internal market has a close relationship with synergy effect either in business synergy or management syn- ergy. It might gain positi,ge synergy effect or lead to negative synergy effect. Measures of reasonable interest compensation and risk sharing should be taken to increase positive synergy effect and decrease negative syn- ergy effect.
出处
《财经科学》
CSSCI
北大核心
2013年第6期37-44,共8页
Finance & Economics
关键词
金融控股集团
内部市场
科层制
协同效应
Financial Share- Holding Group
Internal Market
Bureaucracy
Synergy Effect
