A开发投资有限公司融资问题研究

发布时间：2018-02-26 22:32

本文关键词： 政府融资公司融资问题研究　出处：《云南大学》2014年硕士论文　论文类型：学位论文

【摘要】：党的十八大报告指出,要把城镇化作为推进经济结构战略性调整的重要举措之一,确保经济持续健康发展。在经济增速回调、财政增收困难、经济转型和结构调整进展缓慢、房地产和土地管理调控持续以及许多政府债务规模巨大,偿债比例达到超警戒的70%以上的背景下,地方政府尤其是中西部地方政府融资环境非常不理想,政府融资平台大多处于无法运转的状态。而城镇化持续发展的过程中,需要大量资金投入,如果仍简单将城镇化等同于政府投资“造城”,地方政府的债务危机将更加严峻。推动地方政府融资平台战略转型,将政府对城镇化建设的主导作用转变为引导作用,将城市经营性建设项目交给市场,政府回归公共服务体系供给主体,推动城镇化在“人”与“物”两方面的协调发展,显得重要而紧迫。本文以A开发投资有限公司为例,剖析了地方政府融资平台的现状,了解了平台公司存在的问题,提出了相关的建议。首先,文章第一章前言,主要介绍了研究的背景、意义,相关文献综述、研究思路以及研究方法。第二章主要介绍了相关融资理论和政府融资公司融资理论,以及政府融资公司的产生及发展背景、功能和分类,为下文的案例研究提供了理论支持。第三章介绍了地方政府融资公司的融资现状和存在问题分析。第四章和第五章是本文的核心。其中第四章主要介绍了A开发投资有限公司融资现状和存在问题分析。包括介绍和核心数据两个方面,初步分析了公司所处的境地和融资存在的问题,主要表现在三个方面,第一是融资渠道单一、融资结构不合理；第二是资源配置不足,资产质量不高；第三是管理体制不顺、激励机制不活。第五章在第四章的基础上提出A开发投资有限公司的融资对策。首先要拓宽融资渠道,优化融资结构；其次是加大资源配置,增强融资能力；最后是改革管理体制,实现市场运作。通过这些措施,希望可以对于政府融资公司稳健发展起到一定的借鉴意义。
[Abstract]:The report of the 18 National Congress of the CPC pointed out that urbanization should be regarded as one of the important measures to promote the strategic readjustment of the economic structure to ensure sustained and healthy economic development. In terms of the economic growth rate correction, the difficulty of increasing fiscal revenues, and the slow progress of economic transformation and structural adjustment, Against the background of continuous regulation of real estate and land management, and the huge scale of many government debts and the over-warning ratio of debt service of more than 70%, the financing environment of local governments, especially those in the central and western parts of the country, is very unsatisfactory. Most of the government financing platforms are in a state where they are not functioning. However, in the process of sustainable urbanization, a large amount of capital investment is needed. If urbanization is still simply equated with government investment in "building cities," the debt crisis of local governments will be even more severe. Promote the strategic transformation of local government financing platforms and transform the government's leading role in urbanization construction into a leading role. It is important and urgent for the government to return to the main supply of public service system and to promote the coordinated development of urbanization in the two aspects of "human" and "material". Taking A Development and Investment Co., Ltd as an example, this paper analyzes the current situation of local government financing platform, understands the problems existing in the platform company, and puts forward some relevant suggestions. Firstly, the first chapter of the article introduces the background of the research. The second chapter mainly introduces the related financing theory and the financing theory of the government financing company, as well as the background, function and classification of the emergence and development of the government financing company. The third chapter introduces the financing status and existing problems of local government financing companies. Chapter 4th and 5th are the core of this paper. Chapter 4th mainly introduces A development. Analysis of the current financing situation and existing problems of Investment Co., Ltd., including two aspects: introduction and core data, The paper preliminarily analyzes the situation of the company and the problems existing in financing, which are mainly manifested in three aspects: first, the financing channel is single and the financing structure is unreasonable; the second is the insufficient allocation of resources and the poor quality of assets; the third is the bad management system. Chapter 5th puts forward the financing countermeasures of A Development and Investment Co., Ltd., on the basis of chapter 4th. Firstly, we should broaden the financing channels and optimize the financing structure, secondly, we should increase the allocation of resources and enhance the financing ability. Finally, it is necessary to reform the management system and realize the market operation. Through these measures, it is hoped that these measures can be used for reference to the steady development of government financing companies.
【学位授予单位】：云南大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F812.5;F832.39;F830.42

【参考文献】