Study On Enterprise Credit Risk Evaluation Under Supply Chain Finance Perspective

At this stage,small and medium-sized enterprises play an important role in our economy,but because their firm size are small and credit ratings are low,so they are diffcult to get loans from the bank under traditional situation,which restrict the SME’s development.However,supply chain finance offers the SME a new thinking way these years. In the mature supply chain,By the cooperation between the upper streamstream SME and the core enterprise,bank can evaluate the credit risk of small and medium enterprises more accurately and provide financial services for the supply chain on the basis of controlling risk.which not only stimulates the SME’s development,but also advances the whole supply chain’s development.The research content of this paper is divided into two parts, the theoretical part and empirical part.The theoretical part begins with the SCF’s background and significance.It expounds the development history and prospect about the SCF and discusses the meaning about all paties in the SCF.Then in view of the research of domestic and foreign scholars,I analysis the domestic and international SCF development and enterprise credit evaluation and other aspects of the research status.I come up with my research thinking way through flow chart.At first,this paper introduces the conceptual meaning about the SCF. Then it analyses every financing model like account receivable financing model, finance-transportation and warehouse and confirming storage financing model.It compares the SCF with the traditional model.The current development trend of SCF is divided into three kinds of online. Then it expounds the theories and methods about the enterprise’s credit risk and the evaluation,and describes the evaluation reality about the enterprise’s credit risks and so on.Through the analysis the enterprises in the SCF,I choose Logistic model as the evaluation method. At last, I describe the current situation of enterprise credit risk evaluation in the perspective of SCF.The empirical part analyzes the influence factors of enterprise credit risk based on SCF and choose the credit risk evaluation index at first.Then it constructs a index system about the evaluation about enterprise’s credit risk.It divides into the SCF model and the traditional model according to the actual situation.Then it analyzes the automobile industry which develop very well in the SCF and selects 51 enterprises from the new three board as samples to make a data analysis.Constructing the model by factor analysis and principal component analysis,it starts the evaluation under the SCF model,then under the traditional model.At last,it proves that the evaluation under the SCF model is more accurate.In the end,I make a summary about this thesis and expound the limitations and problems in the writing process.And I discuss the ways how to perfect the evaluation about the enterprise’s credit risk in detail.