券商直投子公司核心竞争力塑造研究——基于《证券公司直接投资业务规范》的出台为背景

近年来,我国券商直投行业在机构数量、注册资本、投资案例数量等方面都取得了快速发展,然而由于发展时间较短,也存在着如资本规模小、激励机制不健全、退出渠道单一等问题。随着行业竞争的愈演愈烈,直投子公司必须以《证券公司直接投资业务规范》的出台为契机,从拓展投资项目、拓宽退出渠道、提供增值服务、控制内部风险、开发新投资领域、健全激励机制和完善公司治理结构等方面努力塑造核心竞争力,保障直投行业的稳步、健康、持续发展。

The Core Competitiveness Shaping Research of Direct Investment Subsidiary of Securities Companies——Based on the background of the introduction of the "Securities Companies Direct Investment Business Criterion"

In recent years, the number of institutions, reestered capital, the number of investment cases have made rapid development of China~s securities companies direct investment industry, however, because of the shorter development time, lt is also exist some problems, such as the capital scale is small, the incentive mechanism is not perfect, the exit channels is single and so forth.With the growing competition in this industry, direct investment subsidiary must seize the opportunity of the introduction of the ＂Securities Companies Direct Investment Business Criterion＂, expand the investment projects, broaden the exit channel, provide the value-added services, control the internal risk, develop the new investment field, improve the incentive mechanism, and improve the corporate governance structure, try its best to shape the core competitiveness,ensure the steady, healthy and sustainable development of the direct investment industry.