本文選題：中小企業(yè)　切入點(diǎn)：債權(quán)融資　出處：《云南大學(xué)》2016年碩士論文

【摘要】：當(dāng)下中小企業(yè)規(guī)模逐漸擴(kuò)大以適應(yīng)產(chǎn)業(yè)轉(zhuǎn)型目標(biāo),其融資問題成為越來(lái)越大的困擾。日漸使得中小企業(yè)無(wú)法順利協(xié)調(diào)自身長(zhǎng)遠(yuǎn)的發(fā)展。這已經(jīng)成為經(jīng)濟(jì)加速的制約因素。因此本從信用增進(jìn)的角度對(duì)中小企業(yè)融資問題展開分析,并依托我國(guó)正學(xué)習(xí)歐美構(gòu)架的更有公信力的信用評(píng)級(jí)體系的前提。將增進(jìn)中小企業(yè)主體信用等級(jí),合理分散融資風(fēng)險(xiǎn)做為推動(dòng)中小企業(yè)擺脫融資困境的對(duì)策。同時(shí)努力學(xué)習(xí)西方先進(jìn)資本市場(chǎng)在處理中小企業(yè)信用增進(jìn)方式中的最新理論和實(shí)踐,聯(lián)系中國(guó)經(jīng)濟(jì)發(fā)展現(xiàn)狀,意圖得出一些切合實(shí)際的對(duì)策。本文基于我國(guó)中小企業(yè)以及直接和間接融資市場(chǎng)的現(xiàn)狀,分析更加符合我國(guó)中小企業(yè)特點(diǎn)的多種融資方式。并從信用增進(jìn)的視角探究金融創(chuàng)新對(duì)解決這個(gè)難題的重大意義。本文應(yīng)用Z值模型與MKV模型對(duì)企業(yè)信用評(píng)級(jí)增進(jìn)對(duì)融資成本及違約率的影響做出模型檢驗(yàn),并結(jié)合實(shí)際案例分析信用增進(jìn)在金融市場(chǎng)中的運(yùn)用。無(wú)論是金融機(jī)構(gòu)還是政府,都需要在這一問題上做更多的努力,而不能單靠企業(yè)自身。加快建設(shè)完善的信用評(píng)級(jí)體系,力求通過客觀準(zhǔn)確的信用評(píng)價(jià)制度來(lái)為解決這一難題營(yíng)造良好的宏觀環(huán)境。本文所做研究能為解決企業(yè)的這一難題提出些許有意義的意見,為我國(guó)經(jīng)濟(jì)的發(fā)展做貢獻(xiàn)。
[Abstract]:At present, the scale of small and medium-sized enterprises is gradually expanded to adapt to the target of industrial transformation. Its financing problem has become more and more puzzling. Increasingly, small and medium-sized enterprises are unable to coordinate their long-term development smoothly. This has become a constraint to the acceleration of the economy. Therefore, this paper analyzes the financing problems of SMEs from the perspective of credit enhancement. Relying on the premise that our country is learning from the more credible credit rating system set up in Europe and the United States, it will enhance the credit rating of the main body of small and medium-sized enterprises. Reasonable diversification of financing risk is the countermeasure to push SMEs out of financing predicament. Meanwhile, we should study the latest theory and practice of western advanced capital market in dealing with the ways to enhance the credit of small and medium-sized enterprises, so as to connect with the current situation of China's economic development. This paper is based on the current situation of SMEs and direct and indirect financing markets in China. This paper analyzes various financing methods which are more suitable to the characteristics of small and medium-sized enterprises in China, and probes into the significance of financial innovation in solving this problem from the perspective of credit enhancement. This paper applies Z value model and MKV model to enhance the credit rating of enterprises. The impact of financing cost and default rate on the model test, And combining with actual cases to analyze the application of credit enhancement in the financial market. Both the financial institutions and the government need to do more on this issue, rather than relying solely on the enterprises themselves to speed up the construction of a sound credit rating system. Through objective and accurate credit evaluation system to create a good macro environment to solve this problem. The research in this paper can put forward some meaningful opinions to solve this problem of enterprises and contribute to the development of our country's economy.
【學(xué)位授予單位】：云南大學(xué)
【學(xué)位級(jí)別】：碩士
【學(xué)位授予年份】：2016
【分類號(hào)】：F276.3;F832.4
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本文編號(hào)：1672817