1, the economic scale is considerable.
Holding company is different from ordinary company, which is the aggregate of enterprises and the result of the development of ordinary company to a considerable scale. Because a company wants to form a holding relationship with other companies, it must have considerable strength. After the holding company is established, it will inevitably form a stronger economic entity than a single company. Therefore, the famous big companies in the world are basically holding companies, and some excellent companies in China are also developing in the direction of holding management.
2. Enterprises are closely linked by assets.
Holding company is a kind of property right management organization commonly used abroad. It is different from ordinary enterprises directly engaged in commodity production, and it is not a simple product cooperation relationship or a cooperative relationship between enterprises. Instead, in the form of holding, equity participation or mutual shareholding, on the basis of equity relationship, it is mainly engaged in the management and operation of company property rights and promotes the commodity management of the group. In fact, these holding companies have formed enterprise groups linked by asset relations.
Holding company system is a very convenient and effective way to concentrate enterprises, that is, to form enterprise groups. Based on the ownership certificate-shares, the holding company not only enjoys the dividends of other companies, but also exerts influence on the decision-making of other companies according to the proportion of the majority shares it owns and exercises shareholders' rights.
3. The controlled company has legal personality.
Another important feature of the holding company is that the parent company and the holding subsidiary are independent of each other in legal form, and the director system is adopted on the basis of capital cooperation. This is a major difference between the holding company and the business department system. Although the division system is a highly decentralized system adopted by large companies, each division generally cannot have its own personality. Holding companies are all independent legal persons, forming companies within the company, and each subsidiary is a completely decentralized profit management unit with independent management institutions, which are solely responsible for profits and have independent fund-raising ability.
4. The holding company is a whole.
Although the parent company and subsidiaries of a holding company are independent legal entities, they can independently bear civil liabilities and enjoy civil rights, in fact, because the parent company owns the controlling stake of the subsidiary, the major decisions of the subsidiary are basically decided by the parent company that controls the board of directors of the subsidiary, so the behavior of the subsidiary will inevitably reflect the will of the parent company, and the behavior of the subsidiary is regulated by the parent company. In this way, in fact, the holding company must form a whole with its own overall interests. Therefore, large holding companies all over the world have formulated unified development strategies to varying degrees and participated in economic competition with overall advantages.
5. Implement diversified management.
The holding company has strong financial resources. In order to accelerate asset appreciation and reduce market risks, they generally adopt diversified business strategies, enter all fields of market economy, and pay attention to the serialization and diversification of products, so they have strong competitive development capabilities.
6. Have considerable financing ability.
The parent company of a holding company must have considerable ability to raise funds and control internal funds in order to form unified and centralized financial resources and credit, and have the ability to adjust internal structure, support the development of key products and key enterprises, and accelerate the development of the company through reinvestment and rolling operation of funds.
Holding company, a unique organizational form, also has a lot of funds needed to save collectivization; The enterprise portfolio relationship is easy to establish (just buy shares and unilaterally establish the portfolio relationship); The independent personality of legal person is conducive to spreading risks; Obtain economies of scale for enterprise development; Improve the visibility and vitality of the parent company and the benefits of law and tax. Because holding company has the above characteristics and advantages, it has become an important organizational form and trend for the development of big companies in the world.