我国电力行业信用评级研究

发布时间：2018-03-31 03:07

本文选题：电力行业　切入点：信用评级　出处：《天津财经大学》2014年硕士论文

【摘要】：电力行业作为基础性能源产业,在国民经济中发挥着不可替代的作用,然而我国的评级机构在电业评级体系的建立方面缺少标准性及规范性,造成电力行业的信用风险不能得到及时的反应,因此,本文根据我国电力行业的行业特征,构建了一套符合我国电力特色的信用评级体系,有利于对电力行业进行公正、准确地信用评价,并且利于我国电力行业的健康发展。本文以电力行业信用评级研究为出发点,通过分析各评级机构在电力评级指标体系及评级方法包含的问题,根据建立电力体系指标设置原则指导及电力行业自身特点,并参考了大量国内外文献及咨询专家的基础上建立了电力行业指标体系,运用层次分析法来完成各评级指标权重的确定,在评级指标权重方面偏重于企业的财务指标及经营与竞争两个方面。接下来,将公司的指标的情况进行有效分类与分值进行映射,并将总得分进行分类映射。然后,在实证方面通对实际案例,运用构建的电力行业评级体系得出了公司的总分值,并且进行评级等级确定,通过对评级结果的分析得出本文的评级方法相对于评级机构的优势。最后对全文进行总结,并对本文的评级方法的推广提出一些政策建议。希望本文构建的电力行业的信用评级体系能够全面、真实的反应电力行业的信用风险,同时也能够规范评级机构的评级方法,真实有效的反应电力企业的信用水平,促进我国经济的快速发展。
[Abstract]:The electric power industry as the basic energy industry, plays an irreplaceable role in the national economy, but China's credit rating agencies in the establishment of electric power rating system is lack of standards and norms, credit risk can not be caused by the power industry to get a timely response, therefore, according to the characteristic of power industry to construct a set of suitable for China power characteristics of the credit rating system is conducive to the power industry fair, accurate credit evaluation, and conducive to the healthy development of China's electric power industry. Based on the credit rating of the power industry as the starting point, through the analysis of the rating agencies in power rating index system and rating methods include the problem, according to the established index system of power setting principle of guidance and power industry's own characteristics, and with reference to a large number of literatures and consulting experts set up on the power The industry index system, using AHP to determine the weight of each evaluation index, the two aspects of the weight rating index on corporate financial indicators and management and competition. Next, the company will carry out effective classification and index scores and total score of mapping, classification and mapping. Then, in the empirical research through the actual case, the use of the power industry to build a rating system that the total score of the company, and to determine the rating, the rating results obtained through the analysis of the rating method in this paper compared to the rating agencies. In the conclusion of this paper, put forward some policy suggestions on the promotion and rating methods. Hope to to the credit rating system of the electric power industry, electric power industry the real reaction of credit risk, but also can regulate the rating agencies Methods, it is true and effective to respond to the credit level of electric power enterprises and promote the rapid development of our country's economy.

【学位授予单位】：天津财经大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F426.61

【参考文献】