Font Size: a A A

The Research Of Small And Medium-sized Enterprises Credit Risk Assessment Based On The Supply Chain Finance

Posted on:2017-04-12Degree:MasterType:Thesis
Country:ChinaCandidate:T CuiFull Text:PDF
GTID:2309330485951123Subject:Finance
Abstract/Summary:PDF Full Text Request
With the deepening of China’s economic system reform and the rapid development of private economy,small and medium-sized enterprises have played a very important role in national economy. But due to inherent defects and commercial banks risk management concept,the difficulties in financing has already become a big obstacle that baffles the development of the small and medium-sized enterprises.On the one hand,supply chain finance innovates the financing way and broadens the financing way.On the other hand, the financial mode can form stable relations of cooperation and change the existing commercial banks credit model. Therefore, this paper bases on relevant theories of supply chain finance model,helps to extract principal component factors which affect the effects of small and medium-sized enterprise financing and excavates the unique advantage in resolving financing difficulties of the small and medium-sized enterprises.Firstly,the paper introduces the research background and meaning of the supply chain finance,review the research achievements of scholars at home and abroad about the supply chain finance, put forward the article’s main innovation points and key problems. According to the existed credit risk evaluation model and the credit risk assessment of the small and medium-sized enterprises, this paper puts forward the principal component analysis and Logistic regression model as the analysis model.Then, this paper analyzes the effectiveness of the supply chain finance in reducing credit risk through the introduction of the credit risk evaluation model of existing at home and abroad through empirical research methods. This paper choose 35 indicators of plate 120 listed companies as the research object and measure the default of the small and medium-sized enterprises by using principal component analysis and Logistic regression model under financial supply chain mode. Finally,discussing the financial supply chain mode about how to further improve the credit risk assessment mechanism emphatically. Then this paper puts forward to consummate the credit risk evaluation method,regulate the construction of appraisal institution,build information sharing system and related policy suggestions such as construction of legal environmentThrough this research,has a positive role in easing the financing difficulties of the small and medium-sized enterprises. However, due to supply chain finance has numerous participation members,and influencing factors exist a complex relationship.In order to ensure the security of the loan,commercial banks still need to do many job in preventing risk...
Keywords/Search Tags:supply chain finance, small and medium-sized enterprises, credit risk, principal component analysis, Logistic regression
PDF Full Text Request
Related items