城投债信用风险的传导机理与预警系统研究

发布时间：2018-05-26 04:27

  本文选题：城投债 + 信用风险　； 参考：《会计之友》2017年18期

【摘要】：城投公司的数量及城投债的规模不断攀升,随之暴露的信用风险与由此可能引起的财政风险、金融风险等问题愈发引人关注。文章从我国城投债信用风险的现状出发,分析了城投债融资中信用风险的宏观经济和行业因素、平台公司基本经营及财务状况、债务主体增信措施等主要影响因素及其内在关联,进而从纵向与横向两方面对城投债的传导机理进行研究,并尝试从设计原则、要素及框架、实施与评价的角度构建城投债信用风险预警系统,以此提出积极引导城投债向市场化转型、落实债务管理责任制等城投债信用风险的管控策略,为我国债务风险的防范控制起到引导作用,促进债券信用市场的健康发展。
[Abstract]:The number of city investment companies and the scale of city investment debt are rising, with the exposure of credit risk and the possible financial risk, financial risk and other issues are increasingly attracting attention. Based on the present situation of credit risk of city investment debt in China, this paper analyzes the macroeconomic and industry factors of credit risk, the basic management and financial situation of the platform company. The main influencing factors such as the credit enhancement measures of debt main body and their internal relations are studied, and then the transmission mechanism of city investment debt is studied from the vertical and horizontal aspects, and the design principles, elements and framework are tried. From the perspective of implementation and evaluation, this paper constructs a credit risk early warning system for city investment debt, and puts forward some control strategies to actively guide the city investment debt to marketization, implement the debt management responsibility system and other city investment debt credit risk control strategies. It plays a leading role in preventing and controlling debt risk and promotes the healthy development of bond credit market.
【作者单位】： 江苏大学财经学院;中国人民大学工商管理博士后流动站;
【基金】：教育部人文社会科学研究基金项目(15YJC630096) 财政部全国会计科研课题(2015KJB009) 江苏高校哲学社会科学研究一般项目(2015SJB836) 江苏大学高级专业人才科研启动基金(15JDG109) 江苏省普通高校专业学位研究生实践创新计划项目(SJZZ16_0190)
【分类号】：F812.5
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本文编号：1935933