J房地产公司债务风险管理研究

发布时间：2018-03-05 20:18

本文选题：房地产　切入点：债务风险　出处：《广东财经大学》2017年硕士论文　论文类型：学位论文

【摘要】：2008年,美国银行业难以控制房地产债务系统的风险冲击,由此引发了次贷危机,我国发展迅猛的房地产行业应该引以为戒。房地产企业不应盲目扩张其债务规模,而未对企业债务风险形成有效控制,要求房地产企业加强债务风险管理,实现风险与收益的最佳匹配。基于当前我国房地产行业所处的发展环境,本文针对房地产行业的债务风险管理展开了研究。在本文研究中,利用文献综述,整理和分析了国内外相关的研究文献,对房地产债务风险形成了更加全面的认识,并且,阐述了房地产债务风险的相关概念、主要表现形式。然后从政策、管理以及市场这三个角度,论述了房地产债务风险的形成机制。随后利用案例分析方法,分析了J公司债务风险的基本现状,以及其在管理方面存在的不足。研究结果表明,J公司具有较高的负债比率,即该企业面临着较大的偿债压力,而且在债务风险管理方面仍旧存在很多问题,包括融资结构过于单一化、债务风险识别能力较低、过程监督缺失等等。结合J公司债务风险管理中的主要问题,以及其内在成因,本文提出应当从拓宽融资结构、规范债务风险管理机制、健全债务风险评估机制等方面入手,促进J公司债务风险管理体系水平的提高,增强J公司的债务风险抵抗能力,推动公司的稳健发展。
[Abstract]:In 2008, American banks were unable to control the risk impact of the real estate debt system, which led to the subprime mortgage crisis. The rapid development of the real estate industry in China should be a warning. Real estate companies should not blindly expand their debt. However, without effective control of corporate debt risk, real estate enterprises are required to strengthen debt risk management so as to achieve the best match between risk and income. Based on the current development environment of real estate industry in China, In this paper, the author makes a research on debt risk management in the real estate industry. In this study, the author makes use of the literature review, collates and analyzes the domestic and foreign related research documents, forms a more comprehensive understanding of the real estate debt risk, and, This paper expounds the related concepts and main forms of real estate debt risk, and then discusses the formation mechanism of real estate debt risk from the perspectives of policy, management and market. This paper analyzes the basic situation of debt risk of company J, and its deficiencies in management. The results show that company J has a high debt ratio, that is, the company is facing a great pressure to repay debt. And there are still many problems in debt risk management, including the financing structure is too simple, the ability of debt risk identification is low, the process supervision is missing and so on. As well as its internal causes, this paper puts forward that we should improve the level of debt risk management system of company J from the aspects of widening financing structure, standardizing debt risk management mechanism and perfecting debt risk assessment mechanism. Strengthen J company's debt risk resistance, promote the company's steady development.
【学位授予单位】：广东财经大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F299.233.42

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