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Research On The Risk Assessment System Of Forestry Enterprises' Financing

Posted on:2010-10-12Degree:MasterType:Thesis
Country:ChinaCandidate:S X WangFull Text:PDF
GTID:2189360275966711Subject:Management Science and Engineering
Abstract/Summary:PDF Full Text Request
Since the reform and opening to the out world forestry construction has achieved the great achievement in our country. The difficulty of Financing and the shortage of fund is one of the bottlenecks that restrict the forestry enterprises' development. Along with the deepening of the reform of forestry enterprises entering the financial markets to finance is its one of the effective ways to solve the shortage of funds. The complexity of the financial market environment, as well as the financial crisis in the special historical background, so that the risk of financing becomes the problem of financing forestry enterprises have to face. This article is for the demand of forestry enterprises' management of financing risk bases on the specific circumstances of the Forestry enterprises' financing guided under the finance theory and the theory of risk assessment and Study on the risk assessment system of forestry enterprises' financing.In this article discusses the theory, defines the management of risk and analyze its motivation analogize the methods of risk identification of analog. Analyze the risk categories and causes of the forestry enterprises' financing. At the same time, through statistical data analyze the financing structure of forestry enterprises, from the perspective of the use of subjective and objective qualitative and quantitative methods to study the risks of the forestry enterprises 'financing.In this paper, facing to the financing risk factors of forestry enterprises, in accordance with the principles of the risk assessment and the risk evaluation index's establishment establishes a risk assessment system of forestry enterprises' financing. Two level and eight areas of the risk assessment system can cover the risk of stage and financing risk of forestry enterprises' financing comprehensively. Finally, in accordance with the characteristics of risk's ambiguity and uncertainty which are difficult to quantify Changing the traditional AHP using the uncertain AHP introducing the uncertainty-based matrix and its corresponding solution, so that it can solve a more objective evaluation of reasonable uncertainty and ambiguity. The introduction of Group judged and credibility make the level of judge experts to reflect, the introduction of Extreme Value Theory and the focus of statistical decision theory makes interval number comparison matrix's using expand, solved the calculation of the weight issue, ultimately establishes the risk's II level fuzzy identification comprehensive evaluation of forestry enterprises' financing successfully.After analysis of examples not only test the feasibility and rationality of the model, but also starting from the evaluation of the conclusions making in his article propose rationalization advices about dodging the risk of forestry enterprises 'financing, this plays a guiding role on the theory and practice of dodging the risk of forestry enterprises' financing.
Keywords/Search Tags:Forestry enterprises, Financing, Risk, Risk assessment
PDF Full Text Request
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