Research On Creditor’s Rights Of Real Estate Project Investment Risk Prevention And Control Of Company U.T.Ventures

Creditor’s rights of real estate project investment is one of the company’s mainbusiness, risk prevention and control is most important during company developing.Investment industry is a high-risk industry, especially in recent years the volatility ofreal estate industry is increasing, the risk to invest on creditor’s rights of real estateproject investment for investment company is also increasing, which requiredinvestment company improve risk prevention and control level for creditor’s rights ofreal estate project investment. Researching on risk prevention and control of creditor’srights of real estate project investment is be beneficial to keep the balance betweenrisk prevention and control and business development, bring the balance between riskand profit, achieve the risk management target of the investment company, saving riskmanagement cost, reducing fear and beneficial to the healthy development ofinvestment company and creditor’s rights of real estate project investment go with aswing.Analyzing on investment company and creditor’s rights of real estate projectinvestment current status, recognized creditor’s rights of real estate project investmenthave three risk problems: firstly, the management system is unsound, secondly, thecapacity to control and prevent risk is low; thirdly, the internal supervised mechanismfake. By the way of document analysis method, analytic induction the risk factor ofinvestment company for the creditor’s rights of real estate project investment,including four factor: management risk （financing company）, financial risk（financing company）, credit risk （financing company）, management risk （investment company）. By the way of survey questionnaire, hired experts frominvestment industry to rank and score the importance of risk factors, collecting andanalyzing the survey result. Using the average score of the four risk factor as theassignment, by the way of AHP to calculate the weight vector, maximum featureroot and feature root vector of the four factors, obtain the important rank of four riskfactor from high to low: management risk （financing company）>financial risk（financing company）> credit risk （financing company）> management risk（investment company）,the risk factor from financing company takes80%of thewhole risk factors. By the way of document analysis method figure out all risk factorsfor the creditor’s rights of real estate project investment to qualitative analyzing, thenby the way of survey questionnaire to let experts from investment industry rank andscore risk factors, using the average score of the four risk factor as the assignment toobtain the proportional correlativity of the four risk factors to quantitative analyzing.Archived subjective and the objective consistent, qualitative analysis and quantitativeanalysis combination.Presented the investment risk control and prevention measure creditor’s rights ofreal estate project investment for investment company. Specifically including threeaspects: Firstly, introduce third-party guarantee company to disperse the risk ofcreditor’s rights of real estate project investment. Introduce third-party guaranteecompany is a common risk shared governance measure. By introducing a third-partyguarantee company, investment company can move risk from creditor’s rights of realestate project investment to third-party guarantee company, to achieve the purpose ofreducing the risk lost and risk probability for creditor’s rights of real estate projectinvestment. Secondly, implement the mortgage establish a risk buffer zone. Theessence of creditor’s rights of real estate project investment for investment companyis creditor’s rights. Since the secured debt is priority over unsecured debt, then bymortgage movable property or real estate from financing company, once the financing company loan defaults, investment company can withdraw investment income bylitigation, auction, transfer the possession the mortgaged movable property or realestate from financing company.Thirdly, by the way of share control to monitorexternal risks. Investment company achieve share control with shareholding pledge,can not only participate financing company routine management and financialmanagement, also can control management risk （financing company）, financial risk（financing company）, credit risk （financing company） from financing companyinterior.By establishing risk control processes, instituting specialized risk controldepartment, instituting audit department and etc., to ensure the effectiveimplementation of risk management measures for investment company creditor’srights of real estate project investment. Specifically includes three aspects: Firstly,establishing risk control processes is beneficial to implement resources configurationeffectively, reducing investment risks caused by information asymmetry. Afterinvestment company contact with financing company about the creditor’s rights ofreal estate project investment, by surveying financing company’s qualification,realizing basic project information, conducting financial assessment to the third-partyguarantee company and financing company, assessing the value of mortgagedmovable property or real estate from financing company, due diligence, signinginvestment agreement to prevent risks, establishing default remedy scheme,establishing and perfecting file management system, establishing risk early warningmechanism to deduce the risk from creditor’s rights of real estate project investment.Secondly, instituting specialized risk control department to intensify risk monitoringfor creditor’s rights of real estate project investment, by instituting specialized riskcontrol department for creditor’s rights of real estate project investment to regularly,establishing process and strategy for risk prevention and control, recognizing,calculating and monitoring investment risk of creditor’s rights of real estate project investment, monitoring the investment risk that confronted with businessdepartment, recognizing and calculating current project and new project investmentrisk, testing risk prevention and control process, regularly hand up risk report tomanagement layer, offering gist to creditor’s rights of real estate project investmentdecision. Thirdly, instituting audit department to responsible for inspect and superviserisk link. By establishing independent audit department, to audit the process ofcurrent or planning to creditor’s rights of real estate project investment, making surethe process of creditor’s rights of real estate project investment marching the riskcontrol processes, implement investment company risk control processes andinstitution, effectively improve investment company investment risk prevention andcontrol level for creditor’s rights of real estate project investment, promotingscientific decision-making.