A证券公司核心业务风险管理分析

发布时间：2018-11-04 13:14

【摘要】：作为资本市场的参与主体,证券公司对于资本市场的健康良性发展具有重要意义。证券公司的风险管理水平直接决定了其核心竞争力和竞争地位,尤其是2008年全球金融危机发生之后,证券公司风险管理日益成为理论界和实务界关注的热点问题。本文首先介绍了证券公司风险管理理论与文献,包括证券公司风险管理基本理论、核心业务风险管理、风险评估方法和监管要求；其次,理论联系实际,采用案例分析方法,对A证券公司的核心业务风险管理进行了分析。具体包括：第一,介绍了A证券公司核心业务、风险管理制度及分析；第二,结合A证券公司三大核心业务,包括证券自营业务、融资融券业务和证券经纪业务,进行风险识别；第三,采用压力测试法,对A证券公司核心业务进行风险评价；最后,结合A证券公司核心业务的具体风险,提出风险管理制度的优化建议。本文研究结果有助于证券公司、监管部门和投资者了解证券公司的风险管理状况,从而为完善证券公司的风险管理、促进资本市场的平稳发展和资源配置效率提供证据支持和政策建议。
[Abstract]:As the main body of capital market, securities companies play an important role in the healthy development of capital market. The level of risk management of securities companies directly determines their core competitiveness and competitive position. Especially after the global financial crisis in 2008, risk management of securities companies has increasingly become a hot issue in theory and practice. This paper first introduces the theory and literature of risk management of securities companies, including the basic theory of risk management of securities companies, risk management of core business, risk assessment methods and regulatory requirements; Secondly, combining theory with practice, this paper analyzes the risk management of A securities company's core business by using case analysis method. Specific include: first, introduced A securities company's core business, risk management system and analysis; Second, combining the three core business of A securities company, including securities self-operation, margin financing and securities brokerage business, risk identification, third, the use of stress test method, the core business of A securities company risk evaluation; Finally, combining with the specific risks of A securities company's core business, the paper puts forward some suggestions for optimizing the risk management system. The results of this paper are helpful for securities companies, regulators and investors to understand the risk management situation of securities companies, so as to improve the risk management of securities companies. To promote the smooth development of capital markets and resource allocation efficiency to provide evidence support and policy recommendations.
【学位授予单位】：华东理工大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F832.39

【参考文献】