Analysis On Model And Credit Risk Of Supply Chain Finance Based On The Perspective Of Financial Institute

In recent years, a new fiancing model called Supply Chain Finance has appeared. Its core idea is:taking main enterprise in supply chain as a breakthrough point, through controlling information flow, material flow and cash flow, or binding the affiliated enterprise, the financial insitute provides financing service for the related enterprise in supply chain.because of its unique superiority, Supply Chain Finance has obtained a faster development. At present, in the financial domain, Supply Chain Finance is a very popular topic, many contents in it are worth studying. The basic idea of this paper is:based on studying fiancing model of Supply Chain Finance, the author has carried on analysing the credit risk of Supply Chain Finance. This article has approximate 110,000 characters, divide into 7 chapters. The primary content is as follows:In the first chapter, the author has mainly disscussed the background and signifiance of this paper, combed the existing related literature, determined and planned research approach and technical route.In the second chapter, the research priority is the superiority of Supply Chain Finance and mechanism of credit risk in Supply Chain Finance. Firstly, through summing up the difficult present situation of small and medium-sized enterprises in fiancing, this paper has analysed the reasons. Then, this paper has analyzed financing process of Supply Chain Finance, pointing out the superiority of Supply Chain Finance. Lastly, this paper has researched the mechanism of credit risk in Supply Chain Finance, Separately from the perspective of complex science management theory, the information asymmetrical theory and the incomplete contract theory.In the third chapter, the research priority is fiancing model of Supply Chain Finance. Firstly, this paper has limited the fiancing model scope that needs to study. Secondly, the author has analysed the structure and basic integrant of Supply Chain Finance, crystallized the connotation of main enterprise in supply chain, and classified the fiancing model of Supply Chain Finance. Lastly, the author has explained process, function and domain of three fiancing model, which is classified by the innovation standard proposed by the author.In the fourth chapter, the research priority is reckoning financing enterprise’s objective credit risks level. Firstly, according to the nature,the author has divide numerous factors that affect fiancing enterprise’s objective credit risk level into different category. Next, the author has changed these categories into evaluating indicators, constructed synthetic evaluation indicator system that can completely reflect the financing enterprise objective credit risks. Then the author has used the AHP method to determine the weight of each evaluating indicator. Finally, the author has appraised financing enterprise’s objective credit risks level by Fuzzy Synthetic Decision. The illustrative example of this chapter has indicated:supply chain factror in Fuzzy Synthetic Decision method can lower dynamoelectric bicycle financing enterprise’s objective credit risks level, this result has also proven the superiority analysis of Supply Chain Finance in the second chapter.In the fifth chapter, the research priority is subjective credit risk of Supply Chain Finance came from fiancial insitute’s exterior.in order to effectively circumvent exterior subjective credit risk caused by adverse selection, the author has theoretically established a signal screening model and constructed a group of two stage connection contract to solve this problem; in order to effectively circumvent exterior subjective credit risk caused by moral hazard, the author has also constructed a moral hazard supervision model and discussed how to deal with this question under the complete information condition.In the sixth chapter, the research priority is subjective credit risk of Supply Chain Finance came from fiancial insitute’s interior. in fiancing service of supply chain, the income that fiancial insitute obtains is not only decided by its operative activity, to a great extent is also related with financial organ’s management and operation level. In order to effectively circumvent interior subjective credit risk, utilizing the principal-agent theory, the author has discussed to design reward contract drive management level question.In the last chapter, the author has summarized this paper, pointed out the limitation of the research, and forecasted future research.