我国证券公司业务变迁与发展趋势分析  

An Analysis of Business Changes and Developmental Trends of China's Securities Companies

作　　者：张运玲[1] 熊园[2] 雷俊[2] 

机构地区：[1]河南机电职业学院管理工程系,河南郑州450002 [2]海南大学经济与管理学院,海南海口570228

出　　处：《海南大学学报（人文社会科学版）》2015年第1期41-47,共7页Journal of Hainan University （Humanities & Social Sciences）

摘　　要：证券公司的规范和创新发展是证券市场乃至资本市场平稳发展的重要力量。我国证券公司作为证券市场的主体,其经营状况直接关系到证券市场的健康发展。通过分析证券公司收入来源,可以了解我国证券公司目前的业务发展现状。现阶段,在证券行业由受行业经营许可保护的垄断性行业向开放竞争性行业转变过程中,证券公司普遍存在发展空间收窄、经营风险增大、投资者利益维护机制不健全以及业务范围受限等问题。我国证券公司的发展将呈现以下趋势:证券公司业务与中国经济结构调整相匹配、扩大创新和发展购并重组业务、进一步完善投行业务、完善证券公司风险控制机制、积极进行产品创新以及建立和完善为投资者服务的奖惩机制。The specification and innovation of the securities company are the key power for the steady develop- ment of securities and capital market. The operation of China＇ s securities companies as the mainstay of the secu- rities market is directly related to the healthy development of the securities market. The analyses of the income sources of China＇ s securities companies can help understand their current business development. In the transfor- ming process from the monopolistic industry protected by the business operation permits to the open competitive industry at this stage, the securities companies commonly face such problems as the narrowing development space, the bigger operation risks, the imperfection of protection mechanism of investor interests, and the limited fields of operation and so on. The development of China＇ s securities companies will show the following trends： the match between the business of the securities companies and the adjustment of China＇ s economic structure, the expansion of innovation and the development of merger and recombination, the further improvement of bank- ing investment business, the perfection of risk control mechanism of the securities companies, and the active in- novation of products, as well as the establishment and perfection of the reward and punishment mechanism for the service of the investor.

关 键 词：证券公司 收入来源 业务构成 发展趋势 

分 类 号：F830.91[经济管理—金融学]