供应链金融的模式及风险研究

发布时间：2018-03-09 16:49

本文选题：供应链金融　切入点：融资模式　出处：《河北经贸大学》2014年硕士论文　论文类型：学位论文

【摘要】：供应链金融模式的出现为中小企业融资难提供了一种融资途径，其主要的特征是以供应链为整体的角度切入，对其进行综合授信，改变了传统模式针对单个企业进行风险管理的方式。在供应链金融模式下，银行不再针对单个企业孤立考核，而是根据企业在供应链链条中所处的位置以及行业特征进行综合考量，，加大了企业获得授信的可能性。供应链金融是商业银行为中小企业量身打造的一种融资方式，不仅为中小企业提供了一种新的融资渠道，同时扩大了商业银行的业务范围，增加了业务收入。供应链金融将链条上的核心企业与有融资需求的中小企业结合起来，达到了物流、信息流和资金流的统一，均衡了供应链的资金配置，提高了整个链条的竞争能力。但是，供应链金融在运行过程中存在着各种风险，其中最主要的是信用风险，由于供应链金融业务起步较晚，对供应链金融背景下的中小企业信用风险还没有足够重视，也缺少对于供应链金融的信用防范和控制的实践经验。对信用风险的防范研究，能够促使银行做出正确的信贷计划，降低银行遭受损失的风险，促进供应链金融更好的发展。本文从供应链金融的融资模式以及信用风险的角度进行研究，共分为五个部分。第一部分，主要介绍了供应链金融的研究背景及意义、国内外的研究综述、研究内容及研究思路。第二部分，分析了供应链金融及其风险的相关理论，解释了交易成本理论、委托代理理论和信用风险评价理论，为全文的研究奠定了理论基础。第三部分，介绍了国内外供应链金融的发展历程，之后介绍了我国目前供应链金融的运行方式。第四部分，分析了供应链金融的融资模式以及各个模式运行过程中存在的风险。首先介绍了供应链金融模式的概念，分析了应收账款融资模式、保兑仓融资模式和融通仓融资模式的运行过程和风险。通过分析每种模式中存在的风险，得出信用风险是供应链金融的主要风险，而且通过案例说明了信用风险带来的巨大损失。第五部分，从内部风险防范和外部风险防范的角度，提出了防范信用风险的措施，通过建立信用风险评价体系，对供应链金融的信用风险进行评价，建立核心企业的准入体系和中小企业的准入体系，对中小企业和核心企业进行信用捆绑和双重信用体系的考量，以及加强对物流企业的监督来降低信用风险。银行还可以利用将质押物投保和金融衍生工具来规避信用风险。
[Abstract]:The appearance of the supply chain finance mode provides a financing way for the small and medium-sized enterprises, whose main characteristic is to cut into the supply chain as a whole and to give it a comprehensive credit. The traditional mode of risk management for individual enterprises has been changed. Under the supply chain finance model, banks are no longer looking at individual enterprises in isolation. On the basis of the position of the enterprise in the supply chain and the characteristics of the industry, it increases the possibility of the enterprise getting credit. Supply chain finance is a kind of financing method that commercial banks create for small and medium-sized enterprises. It not only provides a new financing channel for small and medium-sized enterprises, but also expands the scope of business of commercial banks and increases business income. Supply chain finance combines the core enterprises in the chain with small and medium-sized enterprises with financing needs. It has achieved the unification of logistics, information flow and capital flow, balanced the fund allocation of the supply chain and improved the competitiveness of the whole chain. However, there are various risks in the operation of the supply chain finance, the most important of which is the credit risk. Due to the late start of supply chain financial business, the credit risk of small and medium-sized enterprises in the context of supply chain finance has not been paid enough attention to, and the practical experience of credit prevention and control in supply chain finance is also lacking. It can make the bank make the right credit plan, reduce the risk of bank loss, and promote the development of supply chain finance. This paper is divided into five parts from the perspective of financing mode and credit risk of supply chain finance. The first part mainly introduces the research background and significance of supply chain finance, and summarizes the domestic and foreign research. The second part analyzes the relevant theories of supply chain finance and its risk, explains the transaction cost theory, the principal-agent theory and the credit risk evaluation theory. The third part introduces the development course of supply chain finance at home and abroad, and then introduces the current operation mode of supply chain finance in China. Part 4th, This paper analyzes the financing mode of supply chain finance and the risks existing in the operation of each mode. Firstly, it introduces the concept of supply chain finance model, and analyzes the financing mode of accounts receivable. Based on the analysis of the risks in each model, it is concluded that credit risk is the main risk of supply chain finance. Moreover, it explains the huge loss caused by credit risk through case study. Part 5th, from the angle of internal risk prevention and external risk prevention, puts forward the measures to prevent credit risk, and establishes the credit risk evaluation system. The credit risk of supply chain finance is evaluated, the access system of core enterprises and small and medium-sized enterprises is established, and the credit bundling and dual credit system of small and medium-sized enterprises and core enterprises are considered. Banks can also use pledge insurance and financial derivatives to avoid credit risk.
【学位授予单位】：河北经贸大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F832.4

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