Sme Credit Guarantee Risk Research

The credit guarantee profession is professional and risky. And moreover, The function of capital magnification of the credit guarantee enterprise adds the risk. SME are small and their credit is low. This lead to the higher risk for the credit guarantee enterprise for SME. Under the condition of the market economy, the high risk of CGE restrict its function for SME's gathering capital. How to low the CGE's risk, make full of use its function for SME's gathering capital is this paper's essence.This paper is to talk about the risk of CGE in china. The paper comprises four parts besides introduction and concluding remarks. In Chapter 1,we fist introduce the basic function of CGE. We think the credit guarantee is a system which makes use of the resource itself, resolve the unsymmetry of information. On the base of it, we apply information economy and game theory to discuss the clause of the CGE's credit risk. And point out that during the credit guarantee, the CGE face the normal risk and adverse choice. In chapter two, we concretely discuss the character of SME' credit guarantee risk in china. And analysis the clause of it .In this chapter, we lay stress on the clause of the risk of credit guarantee, we think the main clause is the high management risk and the low credit level of the SME. In chapter three, we discuss how to control and guard against the credit risk, and put forward the advice on the credit guarantee risk of the SME. In chapter four, we design a model on credit guarantee credit risk, we use vague math and the method of export investigation to make the credit risk quantifiable in order to provide a method for the CGE to control the credit guarantee risk.