Construction Of Large Construction Companies On Credit

Credit is the inevitable product of socio-economic development of the market economy and the premise and foundation of market economy's operation. In the socialist market economic conditions, market economy is an economy of credit. Credit is productivity. Without a sound credit system, there will be no mature market economy. At present, China is in the fastigium period of the construction. The construction market as the country's economic construction in the main battlefield in economic and social development, plays a decisive role. However, the development of the current construction market is not yet perfect; institutions and mechanisms have not yet fully rationalized; integrated law enforcement system is awaiting to be strengthened; the credit awareness of the main body in the market and awareness of contract fulfillment are relatively weak; coupled with the imbalance between supply and demand in the construction market and other reasons, credit loss is quite obvious. And therefore accelerating the construction work of the market credit system is urgent and necessary. In this background, the study of the credit problem and its causes in China's construction enterprises;Research on the key indicators and other issues which influence the China's construction enterprises need to be solved, this paper put forward the credit-building measures accord with China's national situations of large construction companies has an important Theoretical and practical value.Credit research of construction enterprise is the basis and foundation to strengthen and improve the building and management of the construction enterprise credit. Without the research of the importance of the credit indicators of construction enterprises, it is hard to build a truly effective credit system, and they can not achieve the true sense of the credit management. On the basis of carefully reading the literature at home and abroad and a number of construction enterprises field research, the paper analyzed the concept, characteristics and the basic elements of the credit, summarizing the credit characteristics, background of the credit loss and the forms of expression in large construction companies, by using of credit econo mic theory, game theory and other theories, this paper studied the causes of credit loss in large construction companies.on the basis of previous studies, through the survey of public attitude to credit indicators to the construction industry experts, the leadership, staff in large construction companies, the administrative departments of, combined with China's overall credit environment and the specific characteristics of large-scale construction enterprises, gave the initial selection to the credit indicators which impact the large construction companies; credit, to form the primary credit indicators of a large-scale construction enterprises. Then this author gave a second round of questionnaires to the initial credit indicators and their importance of large-scale construction enterprises. Then by using mathematics in primary and secondary factor analysis, and further quantize the credit indicators and select 19 key indicators which impact of large-scale construction enterprises.View of a variety of the existence in credit loss of large construction companies in the current construction market, from the angle of the government, trade associations, large construction companies, this paper puts forward the specific measures to build a large-scale construction enterprises credit respectively.