Mat Endowment Enterprise Construction Contract Risk Decision Model Research

In recent years, Chinese rapid economic development induced a broad vitality in the construction industry. And the imbalance of the construction market supply and demand incurs many advanced-fund construction enterprises. Loaning a certain degree of prepayment, construction enterprises can enhance their competitiveness and expand market share. However, Chinese relevant policies and regulations are not perfect, which can not effectively protect the interests of construction companies. Coupled with the severe asymmetry of market information, there exists a high risk in self-financing. Faced with loaning contracting opportunities and risks, the construction enterprises have to systematically analyze and evaluate the risk in order to safeguard their own interests. Thus, a detailed analysis of the pay-owned contracting risk factors, and the establishment of the corresponding decision model should play an important role in preventing the potential risks.This paper aims at establishing self-financing construction enterprises contract risk decision model by utilizing the methods of the gray network analysis and economic evaluation. The application of the risk decision-marketing theory in the field of advanced-fund construction enterprises contract may provide a theoretical reference in final decision.This paper introduces the loaning contract, including its concept, manifestation, and its risk characteristics. Taking real estate development projects as an example, we use risk identification process to analyze in detail the major risk factors that may be encountered in the loaning contracting process, and put forward a risk assessment system. Due to the interdependence and relevance of the risk factors, uncertainties, and lack of the data, we evaluate the risk of self-financing by the grey network analysis, which is a combination of the classical network analysis and grey evaluation method. According to the essence of the transfer of funds reality, we give an economic analysis to the greatest risk of the recovery of funds, and establish the economic evaluation model by taking the common-used wall-frame structure as an example. Analyze empirically, we study the YJJ real estate development project, and calculate its risk rank and some relevant economic indicators. This verifies the rationality of our model.