我国上市公司对外担保及风险控制研究

发布时间：2018-07-10 16:38

本文选题：上市公司 + 对外担保　；参考：《浙江大学》2014年硕士论文

【摘要】：上市公司担保是建立在信用基础之上的正常经济行为,如应用得当,既能促进信用交易主体之间的资金融通,又能促使债权人、债务人和担保方实现多赢。但若处理不好,其将成为资本市场发展的阻力。然而近年来,我国上市公司担保风险发生较多,各种违规、不理性的担保行为不仅对企业自身的经营发展不利,也对整个资本市场的正常发展造成负面影响。因此,规范上市公司担保行为与控制上市公司担保风险成为治理我国资本市场的重要课题之一。我国上市公司对外担保现状的成因较为复杂,法律法规对公司担保行为的规定不明确、上市公司治理结构不规范、商业银行的信贷机制不健全和行政监管部门的监管不力等都是造成我国上市公司对外担保现状的重要原因。因此,上市公司对外担保风险防范体系的建立是一个系统工程,对上市公司担保问题及风险控制进行研究具有重要的理论意义和现实意义。论文在国内外评价相关文献的基础上,通过实证分析与规范分析相结合的方式,对于公司担保的理论机理进行了较为深入的分析；文章在理论上分析了公司担保的机理和类型,研究了我国上市公司对外担保的发展现状与担保特点。在对现状有全面把握的基础上,针对对外担保对企业价值的影响做了进一步的实证分析。论文还比较研究了国外的担保风险控制法规与经验,探讨了我国上市公司担保存在的风险,提出了从公司内部以及外部环境两方面完善上市公司对外担保风险控制的对策建议。
[Abstract]:The guarantee of listed company is a normal economic behavior based on credit. If it is properly applied, it can not only promote the financing of credit transaction subjects, but also promote the creditors, debtors and guarantors to achieve multi-win. But if handled badly, it will become the resistance of capital market development. However, in recent years, there are a lot of guarantee risks of listed companies in our country, and various illegal and irrational guarantee acts not only have a negative impact on the development of enterprises' own management, but also on the normal development of the whole capital market. Therefore, standardizing the guarantee behavior of listed companies and controlling the guarantee risk of listed companies have become one of the important topics in governing the capital market of our country. The causes of the status quo of the external guarantee of listed companies in China are complex, the provisions of laws and regulations on corporate guarantee behavior are not clear, and the governance structure of listed companies is not standardized. The imperfect credit mechanism of commercial banks and the weak supervision of administrative supervision are the important reasons for the external guarantee status of listed companies in China. Therefore, the establishment of external guarantee risk prevention system of listed companies is a systematic engineering, and it is of great theoretical and practical significance to study the guarantee problem and risk control of listed companies. On the basis of domestic and foreign literature, through the combination of empirical analysis and normative analysis, the paper makes a deep analysis of the theoretical mechanism of corporate guarantee, and theoretically analyzes the mechanism and types of corporate guarantee. This paper studies the current situation and characteristics of external guarantee of listed companies in China. On the basis of a comprehensive understanding of the current situation, this paper makes a further empirical analysis on the impact of external guarantee on enterprise value. The paper also compares the foreign regulations and experiences of guarantee risk control, probes into the risks existing in the guarantee of listed companies in our country, and puts forward some countermeasures and suggestions for perfecting the external guarantee risk control of listed companies from two aspects: internal and external environment.
【学位授予单位】：浙江大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F832.51;F832.4

【参考文献】