Analysis Of Bank-Enterprise Game When Business Risks Exposure In An Enterprise

In recent years,when quality enterprises get into trouble due to accidental external factors,individual banks adopt credit withdrawal because loan banks and enterprises do not share same benefits,which results in panic "loan run" among banks,brings huge losses to the entire banking industry,and leads to the repetition of enterprise stagnation and even bankruptcy.Many enterprises in trouble are local leading private enterprises,which might lead to chain reactions due to regional guarantee circle and hit local economy in a hard way.Bankruptcy of key enterprises brings the severe damage to the basis of local economy and bad debts will also greatly hit local banks.Therefore,research on related issues has also become a hot spot.In the initial period when people start paying attention to these problems,banks become the target of criticism because credit withdrawal is always the direct reason of bankruptcy among enterprises in trouble.This situation can be best demonstrated by a bank's credit withdrawal that leads to debt crisis of the regional leading enterprises in trouble,which causes risks in regional guarantee circle,leads to regional loan run,objectively increases bank losses in bad debts,gives rise to enterprise debt crisis and bankruptcy,and brings damage to regional relationship between economy and production.As the research goes deeper and deeper,when operation problems appear in enterprises,bank-enterprise cooperation & game,from different aspects,reaches the field of financial market development degree,which,recognized by both banks and enterprises,is also one of the mutual reasons for information asymmetry and financing difficulties for private,medium-sized and small enterprises.Meanwhile,when operation problems appear in enterprises,ominous bank-enterprise game amplifies losses to the entire banking industry,which makes banking industry keep a more discreet attitude toward issuing loans for private,medium-sized and small enterprises,and intensifies their financing difficulties.Under the precondition that enterprises get into trouble due to accidental external factors and have the ability to recover solvency(solvency is better after recovery)through normal operation,the paper analyzes problems existing in the game between troubled enterprises and banks based on phenomena including unnecessary "loan run",etc.in practice.Specifically speaking,the paper carries out specific analysis of five common scenarios,namely,"bank-enterprise game when there is only one cooperative bank","bank-enterprise game when there are two equivalent cooperative banks","bank-enterprise game when there are two primary and secondary cooperative banks","bank-enterprise game when there are three(or many)equivalent cooperative banks","bank-enterprise game when there is one primary cooperative bank and two(or many)secondary cooperative banks".Besides,the paper also deduces the most likely situation in each scenario and puts forward countermeasures for each situation for banks and enterprises.Analysis of scenarios in bank-enterprise game in this paper is able to,on one hand,provide information related to what kinds of financing structure shall be built,what kinds of credit programs shall be developed and what kinds of financial environment shall be formed under guidance before problems appear,and what kinds of measures shall be taken after problems appear on the other hand,for enterprises,banks and government regulatory organs so as to reduce unnecessary "loan run" and maximize overall benefits.