供应链视角下Z企业应收账款融资模式研究

发布时间：2018-01-04 12:21

本文关键词：供应链视角下Z企业应收账款融资模式研究　出处：《西南交通大学》2017年硕士论文　论文类型：学位论文

【摘要】：在当今社会,中小企业的发展能够为社会提供大量的岗位,缓解就业压力,增加国民收入,是社会经济体系中的重要组成部分。但是在中小企业发展过程中,融资难逐渐变成其健康发展制约因素,许多中小企业因为难以获得足够的外部融资,面临资金短缺、生产断层的风险。这一现状引起了各国政府高度重视,同时引发了学者们对优化中小企业融资模式的众多讨论。基于上述背景,本文的研究主要分为三部分:一二章是文章选题背景和相关理论介绍;第三四章是案例分析,根据公司情况,据此建立融资效率模型,通过模糊数学综合评价法选出最高应收账款融资效率模式;最后部分是以Z企业为基础,对其应收账款融资模式的开展,提出有助于其高效开展应收账款融资的建议和意见。本文立足于国内外研究成果,将从处于供应链节点的Z企业应收账款情况出发,找出它目前存在的财务问题,同时针对Z企业融资近况,共同探讨Z通过应收账款实现资金融通的可行性。由此选取融资成本、融资风险、融资期限、融资机制规范度、融资主体自由度和资金到位率,构成Z应收账款融资效率集合的因素集,继而根据模糊分布原则选取效率最高的应收账款融资模式,结果表明Z企业最适合采用无追索权的应收账款保理融资方式。最后针对该种融资模式在Z企业的顺利开展提出对策跟建议。
[Abstract]:In today's society, the development of small and medium-sized enterprises can provide a large number of jobs for the society, ease the pressure of employment, increase national income, is an important part of the social and economic system, but in the process of development of small and medium-sized enterprises. The difficulty of financing has gradually become the restriction factor of its healthy development. Many small and medium-sized enterprises are facing the risk of shortage of funds and production fault because of the difficulty of obtaining adequate external financing. This situation has caused the governments of various countries to attach great importance to this situation. Based on the above background, the research of this paper is divided into three parts: the first and second chapter is the background of the article and related theory introduction; Chapter 34th is a case study, according to the company situation, the financing efficiency model is established, and the highest accounts receivable financing efficiency model is selected by comprehensive evaluation method of fuzzy mathematics. The last part is based on Z enterprise, the development of its accounts receivable financing model, put forward to help its efficient development of accounts receivable financing suggestions and opinions. This paper based on the domestic and foreign research results. Starting from the account receivable of Z enterprise at the node of supply chain, this paper finds out the current financial problems, and at the same time, aims at the recent situation of financing of Z enterprise. This paper discusses the feasibility of Z financing through accounts receivable, and selects financing cost, financing risk, financing period, financing mechanism standard degree, degree of freedom of financing subject and capital arrival rate. The set of factors that constitute the set of Z accounts receivable financing efficiency, and then select the most efficient accounts receivable financing model according to the fuzzy distribution principle. The results show that Z enterprise is the most suitable to adopt the non-recourse accounts receivable factoring financing mode. Finally, the countermeasures and suggestions for the successful development of this financing mode in Z enterprise are put forward.
【学位授予单位】：西南交通大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F721;F715.5

【参考文献】