金融服务外包视角的承包商融资信用风险评价研究

发布时间：2018-06-10 21:09

本文选题：金融服务外包 + 承包商融资　；参考：《天津理工大学》2012年硕士论文

【摘要】：随着政府融资平台清理工作的展开，基础设施项目建设资金的筹集问题成为目前亟待解决的难题。承包商在建筑行业属于核心企业，发展迅速已初具一定的融资能力。而承包商的融资信用风险评价是商业银行对其授信的前提，鉴于建筑业的特点、商业银行业务范围和专业方面的局限性，目前商业银行很难解决对建筑承包商进行融资信用风险评价的问题；因此，本文从金融服务外包的视角，将对建筑承包商进行融资信用风险评价等专业性比较强的工作委托第三方实施，将成为商业银行拓展业务范围、寻找有效服务路径的发展趋势。基于上述认识，本文在对现有文献及研究成果的研究分析基础上，界定了第三方的概念、职能，基于信息不对称理论和委托代理理论构建了承包商融资的概念模型，并对承包商融资信用风险评价的指标体系和评价模型进行了深入研究。首先，对目前服务外包和金融服务外包的文献资料和发展现状进行综述和评析，从服务外包的概念、构成分析切入，对金融服务外包的概念、业务分类进行了界定和归纳分析；在运用博弈论论述融资业务中引入第三方必要性的基础上，从服务客体、服务主体和服务对象三个角度对金融服务外包模式下的第三方进行界定，并对第三方的特点和企业职能进行了详细阐述。其次，以信息不对称理论和委托代理理论作为研究的理论依据，探究了商业银行进行金融服务外包的根源；在对研究对象承包商进行界定的基础上，从政策依据、文献依据和实践依据三个方面探讨了承包商融资的可行性，通过对项目融资和供应链金融中融资主体的特点比较研究，构建出承包商融资的概念模型，并对承包商融资过程中的信用构成要素进行分析，寻找出承包商融资的信用风险成因。再次，根据本文构建的承包商融资概念模型和对承包商融资信用构成要素的分析，运用信息沉淀、问卷调查、帕累托图等方法对承包商融资的信用风险评价指标进行三轮的识别和筛选，构建出了承包商融资静态信用风险评价指标体系，为了验证指标体系的有效性，运用AMOS软件进行路径分析，结果拟合效果良好。依据所构建的静态指标体系和对路径系数的分析，分解出承包商融资动态信用风险评价指标体系。最后，对现阶段使用较为广泛的信用风险评价方法，从原理、优缺点等方面进行分析，结合本文所构建的信用风险评价指标体系，选择熵权法和支持向量机作为承包商融资信用风险评价的方法，构建出基于时间维的承包商融资信用风险评价模型，，从而实现对承包商融资信用风险的全过程评价。
[Abstract]:With the development of the clean-up of government financing platform, the financing of infrastructure projects becomes a difficult problem to be solved. Contractor in the construction industry is a core enterprise, rapid development has begun to have a certain financing capacity. The contractor's credit risk evaluation is the premise of the commercial bank to grant credit, in view of the characteristics of the construction industry, the commercial bank's business scope and professional limitations, At present, it is difficult for commercial banks to solve the problem of financing credit risk evaluation for construction contractors. It will be a developing trend for commercial banks to expand their business scope and find effective service paths by entrusting construction contractors with professional work such as financing credit risk evaluation and other professional work, based on the above understanding, Based on the research and analysis of the existing literature and research results, this paper defines the concept and function of the third party, and constructs the conceptual model of contractor financing based on the information asymmetry theory and the principal-agent theory. The index system and evaluation model of contractor financing credit risk evaluation are studied. Firstly, the literature and status quo of service outsourcing and financial service outsourcing are summarized and evaluated, and the concept of service outsourcing is analyzed. The concept of financial service outsourcing and business classification are defined and analyzed. On the basis of using game theory to discuss the necessity of introducing third party in financing business, the author analyzes the service object from the point of view of service object. The third party under the mode of financial service outsourcing is defined from three angles of service subject and service object, and the characteristics of the third party and the functions of the enterprise are expounded in detail. Secondly, Based on the theory of asymmetric information and principal-agent theory, this paper probes into the source of the outsourcing of financial services by commercial banks, and defines the contractor as the object of study. This paper discusses the feasibility of contractor financing from three aspects: the literature basis and the practice basis, and constructs the conceptual model of contractor financing by comparing the characteristics of project financing and supply chain finance. And the credit elements in the process of contractor financing are analyzed to find out the causes of the credit risk of contractor financing. Thirdly, according to the conceptual model of contractor financing and the analysis of the credit elements of contractor financing. By means of information precipitation, questionnaire survey, Pareto chart and other methods, the credit risk evaluation indexes of contractor financing are identified and screened for three rounds, and the static credit risk evaluation index system of contractor financing is constructed. In order to verify the effectiveness of the index system, the Amos software is used to analyze the path, and the fitting result is good. According to the static index system and the analysis of the path coefficient, the dynamic credit risk evaluation index system of contractor financing is decomposed. Based on the analysis of the advantages and disadvantages, combined with the credit risk evaluation index system constructed in this paper, entropy weight method and support vector machine are selected as the methods of contractor financing credit risk evaluation. The evaluation model of contractor's financing credit risk based on time dimension is constructed to realize the whole process evaluation of contractor's financing credit risk.
【学位授予单位】：天津理工大学
【学位级别】：硕士
【学位授予年份】：2012
【分类号】：F224;F832.2;F426.92

【参考文献】