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High-tech Enterprises, The Credit Rating Assessment Study

Posted on:2003-08-20Degree:MasterType:Thesis
Country:ChinaCandidate:S H ZhongFull Text:PDF
GTID:2206360062450438Subject:Agricultural Economics and Management
Abstract/Summary:PDF Full Text Request
The State Council made the great decision of implementing the torch plan in 1988, drew back the prelude of developing the new high-tech industry of our country, Chinese Government regards developing the new high-tech industry as the key strategic task of our country after this. During the last ten years our country set up 53 national-levels high development district of new high-tech and a lot of provincial and municipal developing zones or scientific and technological gardens, Large quantities of new high-tech enterprises emerge rapidly, the new high-tech enterprise asserted by the country by the end of 1999 reaches more than 100000, In 53 national-levels developing zone of new high-tech industry are 336 sq. km.s of areas of development alone, The value of industrial output is from 7120 million to 768 billion in 1991~2000, the annual average rate of increase reached 67.3%. When we have seen that new high-tech enterprise grows vigorously in one side, we also saw a lot of new high-tech enterprises in our country face the predicament of the fund in short because the structure of financial market of our country at present is in the changes course > The stocks ^ bond markets are very fragile, two boards of market have not started yet, The main channel that applied for the loan become outside financing of new high-tech enterprise to the business bank . In the face of applying for the new high-tech enterprise of the borrowed money numerously, in order to guarantee the security and profitability of the loan, the business bank must investigate and analyze their credit state , then on the basis of choosing its credit grade, Make loan, the loan time limit size, quantify of the loan , how much loan interest rate. Science and Objective on credit grade assess of the new high-tech enterprise become problem that solve urgent of loan business bank in the face of more and more to apply for the new high-tech enterprise. The business bank of our country assess the credit grade of new high-tech enterprise by the index system of assess the credit grade of the traditional industrial and commercial enterprises at present, But because new high-tech enterprise have great difference with traditional enterprises in growing up characteristic, financial characteristics or influence their the factors of credit grade, etc. What assessed the index system of assess the credit grade of the traditional industrial and commercial enterprises emphasis on the assessment" to now in the past", The new high-tech enterprise is the characteristic with high development, risky, So the index system of assess the credit grade of new high-tech enterprise particular emphasis on the assessment" from now in the future", if we continue to use the index system of assess the credit grade of the traditional industrial and commercial enterprises to new high-tech enterprise, the result of credit grades must Inequitable, not objective, thus may lead to the business bank refuses the new high-tech enterprise objectively with high credit grade outdoors on one hand ,List the enterprise that the actual credit grade is low in the credit customer probably on the other hand , Its result is that the business bank runs off in the fine customer, has reduced profits on one hand, Have increased the credit risk of the business bank further on the other hand. So no matter from science, Objective or guarantee business bank choose fine customer, Reduce credit risk, it is importance of designing a suit of new high-tech enterprise credit grades assess index system, so I try to use management, economics, accounting, commercial banking, statistical and make policy in this text, Adopt and standardize research combining with positive research, qualitative analysis combining with quantitative analysis, static behavior and analyses the method to combine with dynamic analysis, On the basis of there are domestic and international enterprise credit grades to assess the theory for designing a suit of new high-tech enterprise credit grades assess index system.This paper has four p...
Keywords/Search Tags:New high-tech enterprise, Credit grade, Assessment, Credit policy
PDF Full Text Request
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