Research On The Performance Of Hunan Provincial Government Financing Guarantee Company Under The Cooperation Mode Of Government And Bank

In order to alleviate the problems of “three rural” subjects,small and micro enterprises,difficult and expensive financing,and improve the financing environment,Hunan Province actively introduced the cooperation model between government and bank,and formed a “Hunan Provincial Guarantee Group + Local Government + Bank+ Guarantee Agency”.The main "4321" government-bank financing guarantee cooperation model and risk sharing mechanism.Since the active introduction of the government-bank-assurance cooperation model in 2019,124 financing guarantee companies in Hunan Province have actively solved the financing problems of small and micro enterprises,"agriculture,rural areas and farmers" entities and strategic emerging industries in 2020,providing a total of 113.924 billion yuan in financing.Support,for small and micro enterprises,"agriculture,rural areas and farmers" subjects,and strategic emerging industries to increase sales revenue of 560 billion yuan and increase tax revenue of 28 billion yuan,with obvious results.As the main force of the government-bank-assurance cooperation model in Hunan Province,the government financing guarantee company has continuously improved its market position,its capital strength and anti-risk ability,and has been supporting agriculture,small and new branches,reducing fees and making profits,stimulating social employment,and improving social benefits.play an important role in such aspects.However,due to the influence of the company’s size,geographical location and external environment,various government financing guarantee companies have great differences in the play of policy benefits,economic benefits and social benefits.On the basis of reviewing domestic and foreign literatures and analyzing related theories,this paper summarizes the basic theory on which to study the performance of government financing guarantee companies under the mode of government-bank-guarantee cooperation.Describe and analyze the status quo of the model implementation.Based on the data and information of 18 government financing guarantee companies in Hunan Province,a hierarchical structure model is established,and the weight of the selected indicators is assigned by the AHP method,and then the performance evaluation is carried out to calculate the performance score.Using the Tobit model,taking the performance score of government financing guarantee companies as the dependent variable,and selecting the implementation of local policies,whether to develop batch online products,registered capital,number of employees,and per capita GDP as independent variables,this paper analyzes the cooperation model between the government and banks in Hunan Province.The factors influencing the performance of government financing guarantee companies are analyzed empirically.According to the empirical analysis results,the following policy suggestions are put forward to improve the performance of the Hunan Provincial Government Financing Guarantee Company under the mode of government-bank-guarantee cooperation:(1)Further strengthen the construction of the government financing guarantee system;(2)Clarify the business scope of the policy-based financing guarantee company(3)Improve the supervision system of the financing guarantee industry;(4)Improve the relevant talent system.