共同委托仓单质押下银行对3PL的激励和监督

发布时间：2018-02-05 04:08

本文关键词： 共同委托委托代理仓单质押激励机制监督机制　出处：《科研管理》2010年03期 　论文类型：期刊论文

【摘要】：第三方物流(Third Party Logistics,3PL)努力工作是仓单质押业务有效开展和保证银行贷款安全的重要因素,针对质押物对其生产经营有重大影响的融资企业,运用委托代理理论,研究融资企业参与下银行对3PL的激励问题,并考虑在激励基础上进行监督时的均衡结果。研究发现,在有融资企业参与激励情况下,3PL的努力水平不变,但银行的固定支付和激励系数减小;银行和融资企业在激励基础上进行监督会提高3PL的努力水平。研究还揭示,对某些较差质押物(价格波动较大、质地不稳定、变现差等)银行也可放贷,其收益可能高于较好质押物的收益,该结论对提高银行开展仓单质押业务的积极性具有现实意义。
[Abstract]:Third party logistics (TPL) work hard is an important factor to carry out warehouse receipt pledge business effectively and ensure bank loan safety. Aiming at the financing enterprises whose pledge has great influence on their production and operation, this paper studies the incentive of 3PL by banks with the participation of financing enterprises by using the principal-agent theory. Considering the equilibrium results of supervision on the basis of incentive, it is found that the level of effort of 3PL is unchanged, but the fixed payment and incentive coefficient of banks decrease. Supervision by banks and financing companies on an incentive basis would raise the level of 3PL efforts. The study also revealed that banks could also lend to some of the less promising collateral (price volatility, instability, poor liquidity, etc.). The income may be higher than that of good pledge. This conclusion has practical significance to improve the enthusiasm of bank to carry out warehouse receipt pledge business.
【作者单位】：重庆大学经济与工商管理学院;重庆教育学院数学系;
【基金】：国家自然科学基金资助项目“第四方物流模式下运输与库存联合优化的分布式方法”(70872123),2009.1-2011.12 国家自然科学基金资助项目“面向第四方物流的多代理人资源和作业整合优化方法研究”(70572028),2006.1-2008.12
【分类号】：F832.4
【正文快照】： 1引言仓单质押业务是指融资企业(货主)把货物存储在物流企业的仓库中,然后凭仓库开具的仓单向银行申请贷款,银行根据货物的价值及融资企业的相关信息向其提供一定比例的贷款,同时,由物流企业代理监管货物的一种融资模式。仓单质押业务区别于传统集中于不动产抵押和第三方担保

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