XY证券公司流动性风险控制研究

发布时间：2018-03-29 23:34

本文选题：证券公司　切入点：风险　出处：《安徽大学》2015年硕士论文

【摘要】：随着我国金融业突飞猛进的发展,证券市场在国民经济中扮演着越来重要的角色。作为证券市场的重要组成部分,证券公司在近十几年来获得了极大的发展,在证券市场中通过开展各项证券业务发挥着重要作用,与此同时也暴露出了一些问题。2008年发生的美国金融危机,主要是因信用风险而导致的,其产生的恶劣影响让人至今难忘。而信用风险导致流动性危机,给证券公司也带来了巨大的影响,这让我们知道了流动性风险能给金融业带来如此巨大甚至是毁灭性的破坏作用。2013年6月底,国内银行业的“钱荒”事件,引起了社会的恐慌,成为社会关注的焦点,同样处在金融行业中心地位的证券公司也受到了极大的影响。“钱荒”的实质性问题就是货币的流动性不足,即发生资金供不应求的情况,其本质就是以银行业为中心的金融业发生流动性风险的问题,这种恶劣后果同样波及到了证券公司,所以,防范和控制流动性风险成为证券公司、证券市场乃至整个金融业都十分重视的问题。尤其是对于处在流动性风险控制中心的证券公司来说,对流动性风险控制的研究更应该得到重点关注。证券公司必须根据自身实际情况,建立和完善流动性风险控制体系。而如今对于证券市场特别是证券公司的流动性风险方面的研究还比较缺乏,使得证券公司的流动性风险控制也自然成为目前理论上和实务上都极具研究价格的命题之一。本文在理论研究的基础上,对XY证券公司这一具体案例进行分析,通过对XY证券公司现有流动性风险控制的相关政策规章进行总结阐述,并且通过分析该公司风险管理及流动性风险控制方面的相关数据,探讨了该公司流动性风险控制的现状,并对其存在的问题及需要补充的地方,提出了的一些政策性建议,以期能对XY证券公司的流动性风险控制方面起到一定的启发作用。本文总体分五章对证券公司的流动性风险进行研究。第一章为绪论部分,主要阐述了流动性风险控制的研究背景和研究意义,然后简要介绍了国内外学者针对财务风险及流动性风险的研究成果。并说明了本文在研究方法上采用理论与实际案例相结合,力求能让本文的研究结论落到实处。第二章为流动性风险的理论基础，，主要对证券公司的流动性风险进行理论上的叙述,重点介绍了本文所研究的主题——证券公司的流动性风险的定义、特点及成因。接着,在第三章中,针对XY证券公司这一具体的案例进行研究分析,首先简要介绍XY证券公司的发展概况及各项业务状况,然后通过深入了解xY证券公司内部控制、财务管理方案,提取出其中针对流动性风险方面的规章制度,并通过分析该公司的风险管理及流动性风险管理方面的相关数据,对其流动性风险控制策略中的一些需要补充的地方提出自己的一些看法。第四章,针对第三章对XY证券公司流动性风险控制方法的分析,作出了完善XY证券公司流动性风险控制的具体建议。最后在第五章结论及展望中,总结了本次研究的内容,对证券公司流动性风险控制的前景作出了展望,并反思本文研究的不足之处。
[Abstract]:With the rapid development of China's financial industry, the securities market plays an important role in the national economy. As an important part of the securities market, securities companies have a great development in recent years, in the stock market through play an important role to carry out the securities business, at the same time also exposed some.2008 years of financial crisis in the United States, is mainly caused by the bad influence of credit risk, which makes you unforgettable. The credit risk leads to a liquidity crisis for securities companies has also brought a great impact, it let us know the liquidity risk to the financial industry to bring enormous and even destruction the role of.2013 in the end of June, the domestic banking money shortage event, causing social panic, has become the focus of attention, also in the center of the financial industry The securities company has also been a great influence. "The liquidity shortage of substantive issues of money shortage is money, money is in short supply, is the essence of central banking financial sector liquidity risk issues, such as wave and adverse consequences to the securities company, so, prevention and control the liquidity risk for securities companies, securities market and even the entire financial industry attaches great importance to the problem. Especially in the liquidity risk control center of securities companies, the study of liquidity risk control should be the focus of attention. A securities company must according to their own actual situation, establish and improve the liquidity risk control now for the securities market system. Especially the research on liquidity risk of securities companies is still relatively scarce, the liquidity risk control of securities companies naturally As a proposition of theory and practice are very price at present. On the basis of theoretical research, for the case of XY securities company to carry on the analysis, the relevant policies and regulations of XY securities company's existing liquidity risk control summary, and through the analysis of the data associated with the company's risk management and liquidity risk control, discusses the status quo of liquidity risk control of the company, and the need to supplement and the existing problems, puts forward some policy suggestions, in order to control the liquidity risk of XY securities company plays an instructive role. This paper is divided into five chapters of liquidity risk the securities company's research. The first chapter is the introduction part, mainly expounds the liquidity risk of the research background and significance, and then briefly introduces the domestic and foreign scholars on the property The research results of financial risk and liquidity risk. And explains the research method of the thesis by combining theory and practice, and strive to make the research conclusions of this paper are implemented. The second chapter is the theoretical basis of liquidity risk, theoretically describes the main liquidity risk of the securities company, focuses on the definition of liquidity risk is the theme of this research, the securities company, the characteristics and causes. Then, in the third chapter, research and analysis for XY securities company in this specific case, the development of the business situation and a brief introduction of the XY securities company, and through in-depth understanding of xY securities company internal control, financial management according to the scheme, extracted the liquidity risk regulations, and through the analysis of relevant data of the company's risk management and liquidity risk management, on the flow Risk control strategy in some places need to add some of their own views. The fourth chapter, the third chapter analysis of liquidity risk control methods of XY securities company, and made specific recommendations to improve the liquidity risk control of XY securities company. At the conclusion and Prospect of the fifth chapter, summarized this research the content, make the prospect of the liquidity risk control of securities company's outlook, and Reflection on the shortcomings of this paper.

【学位授予单位】：安徽大学
【学位级别】：硕士
【学位授予年份】：2015
【分类号】：F832.39;F830.42

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