Research On Supply Chain Financial Credit Risk Of E-Commercce Platform

The emergence of supply chain finance has found a breakthrough for the financing of small and medium-sized enterprises.However,traditional supply chain finance relies on core enterprises to grant credit.The drawback is that the repeated credit of core enterprises will amplify risks.In recent years,with the development of information technology and the rapid expansion of e-commerce market scales,many e-commerce platforms have begun to enter the supply chain finance field.The emergence of supply chain finance based on e-commerce platform eased the short-term capital demand of small and medium-sized retail enterprises on the platform,initially reflecting the inclusive financial requirements,but there are also many risks.Therefore,this paper intends to conduct research on the supply chain financial credit risk of e-commerce platform.This paper selects the electronic components industry to conduct research.On the one hand,it responds to the country’s manufacturing power strategy and develops technology-intensive manufacturing.On the other hand,considering the connection between the industry’s upstream and downstream,it is very suitable for supply chain finance.Taking the industry as an example has a strong reference for other similar emerging industries.This paper firstly sorts out the research methods and results at home and abroad in this field,then analyses the status quo of supply chain finance,and clarifies the classic model and the derivative model of e-commerce platform.Next,based on the risk management process,this paper identifies and analyzes the supply chain financial credit risk of e-commerce platform according to information asymmetry,trade self-payment and risk management theory,based on which it sets model indicators.Then,the principal component analysis of 40 sample enterprise collected from an e-commerce platform is carried out,logistic model is constructed to measure the risk,and the default situation is judged and the realistic economic significance is obtained according to the model.It is concluded that the main factors affecting the credit risk of small and medium-sized enterprises in the current stage are the scale of business operation,production efficiency,frequency of transaction and purchase in the supply chain,service quality,sustainable development of the enterprise and scale competitiveness in the market,of which the business scale is the most important factor.In addition,because the innovation capability of enterprises is generally not strong at the current stage,the vitality of science and technology has little effect on the occurrence of risks.Finally,the article makes recommendations on platform merchants,government,e-commerce platform and cooperative banks according to the corresponding conclusions to control and assess credit risk.The research conclusions of this paper can initially identify the risk factors of the platform merchants,and then judge the default probability of the enterprise based on the structured data,thus becoming one of the basis for the business partners who are mainly fund suppliers to conduct enterprise inspection.I hope this paper can be of some help to manage credit risk based on e-commerce platform.