信用风险传染与中小外贸企业信用融资问题研究

发布时间：2018-03-04 05:24

本文选题：信用融资　切入点：中小外贸企业　出处：《南京理工大学》2014年硕士论文　论文类型：学位论文

【摘要】：本文基于现代信用风险管理理论,在综合回顾国外和国内现有文献的基础上,通过对信用风险传染、及其对中小外贸企业信用融资影响的基本认识,系统地讨论了信用风险的传染以及对中国中小外贸企业信用融资的影响,并通过建立面板数据回归模型对之进行了相应的实证研究。文章共分六章,第一章主要介绍了文章的研究背景和意义,概述文章结构。第二章对本文涉及到的有关概念进行界定,总结国内外现有的研究现状。第三章在理论上分析了信用风险的成因及传染渠道。第四章对信用风险传染与中小外贸企业信用融资的关系进行详细研究。第五章通过实证研究来分析在信用风险传染背景下,各因素对中小外贸企业信用融资的影响。第六章是本文的结论和对策建议。本文通过研究发现：信用风险传染不同时期,信用风险与中小外贸企业信用融资成负相关；中小外贸企业信用供给与其信用融资成正相关。企业规模与商业信用融资呈正相关,但是在信用风险传染中前期银行信用融资与企业规模负相关,在中后期却是正相关；企业财务状况的各指标总的来说对企业商业信用融资有显著影响,但对银行信用融资影响却不显著；实际有效利率对商业信用融资影响不显著,但与银行信用融资显著正相关；汇率与商业信用融资有显著正向关系,对银行信用的影响不显著。最后,在理论和实证分析的基础上,提出改善中小外贸企业信用融资的相关对策建议。
[Abstract]:Based on the theory of modern credit risk management and the comprehensive review of the existing foreign and domestic literature, this paper makes a basic understanding of the contagion of credit risk and its influence on the credit financing of small and medium-sized foreign trade enterprises. This paper systematically discusses the contagion of credit risk and its influence on the credit financing of small and medium-sized foreign trade enterprises in China, and carries on the corresponding empirical research through the establishment of panel data regression model. This paper is divided into six chapters. The first chapter mainly introduces the research background and significance of the article, summarizes the structure of the article. Chapter 3 theoretically analyzes the causes and channels of credit risk. Chapter 4th makes a detailed study on the relationship between credit risk contagion and credit financing of small and medium-sized foreign trade enterprises. Chapter 5th. Under the background of credit risk contagion, Chapter 6th is the conclusion and suggestion of this paper. In this paper, we find that the credit risk is negatively correlated with the credit financing of small and medium-sized foreign trade enterprises in different periods of credit risk contagion; The credit supply of small and medium-sized foreign trade enterprises is positively related to their credit financing. The scale of enterprises is positively correlated with commercial credit financing, but the credit financing of banks is negatively correlated with the scale of enterprises in the middle and early stages of credit risk contagion, but it is positively correlated in the middle and late stages. On the whole, each index of enterprise financial situation has significant influence on business credit financing, but it has no significant effect on bank credit financing, the real effective interest rate has no significant effect on commercial credit financing, but it is positively related to bank credit financing. There is a significant positive relationship between the exchange rate and commercial credit financing, but the impact on bank credit is not significant. Finally, on the basis of theoretical and empirical analysis, the paper puts forward the relevant countermeasures and suggestions to improve the credit financing of small and medium-sized foreign trade enterprises.
【学位授予单位】：南京理工大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F276.3;F832.4

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