Research On Mechanism,Path And Countermeasures Of Credit Repair Of Private Enterprises

At present,the credit of private enterprises in our country is seriously lacking,the credit environment of private enterprises is deteriorating,and dishonest enterprises cannot carry out credit repair well.The dishonesty of private enterprises has become a "bottleneck" restricting the healthy,stable and sustainable development of our economy.Therefore,the most urgent problem to be solved at present is the problem of non-credit of private enterprises.It is of great significance to the overall credit construction of our country to conduct in-depth research on the non-credit behavior of private enterprises and to provide a feasible path to repair the credit of non-credit enterprises.The main points of this paper are as follows:(1)As the credit subject in market economic activities,private enterprises undoubtedly conform to the characteristics of rational person hypothesis.After analyzing the behavioral tendency of private enterprises' subject choice,it is concluded that private enterprises' self-interest behavior does not necessarily lead to enterprises' dishonesty.(2)Clear property right of private enterprises is the prerequisite for the credit of private enterprises,and it is also the logical starting point for dishonest private enterprises to repair credit.The result of clear property rights is in essence to make private enterprises pay more attention to their own credit,thus making their enterprise credit more stable.(3)Starting from the analysis of the Nudheim model of credit subject,it is believed that private enterprises need to start from two aspects,namely,the core of enterprise credit(internal credit environment)and the external environment of enterprise credit.Through the internal and external restraint mechanisms to change the behavior choice of private enterprises,so that they can get out of the prisoner's dilemma of creditrepair.(4)The conversion of long-term benefits of private enterprises into present value is mainly affected by the time discount rate.When the time discount rate is too small,private enterprises will choose short-term benefits and act dishonestly.From the Nudheim model,it can be concluded that the most important factor affecting the time discount rate is to have a good corporate credit environment.Therefore,a good corporate credit environment is the fundamental guarantee for private enterprises to carry out credit repair.(5)For private enterprises with information advantages in real economic operation,if there are no external constraints when conducting economic transactions,then the equilibrium state of evolution is that there is bound to be enterprise dishonesty in the market.The best way to avoid the dishonesty of private enterprises is to raise the cost of dishonesty as much as possible,so that the evolution of credit repair of enterprises will evolve towards(keeping promises and keeping promises).The main innovation of this paper is to use game theory and evolutionary analysis paradigm to put the credit repair of private enterprises in the general framework of prisoner's dilemma.By changing internal and external constraints,it analyzes the behavior choice of private enterprises after weighing long-term interests and short-term interests,and obtains the evolutionary equilibrium point of credit repair of private enterprises.The main deficiencies of this paper are as follows:(1)The credit repair of private enterprises involves a lot of interdisciplinary knowledge,especially the theories of public management and law major.Therefore,this paper may have many deficiencies in interdisciplinary aspects.(2)As the construction and repair of the credit of private enterprises in our country started late,it is difficult to search for relevant data of dishonest enterprises,so quantitative indicators cannot be used for empirical analysis,which weakens thepersuasion of the credit repair mechanism of private enterprises.