【作者】 刘敏；

【导师】 蔡玉平；

【作者基本信息】 郑州大学 ， 工商管理（专业学位）， 2015， 硕士

【摘要】 小微企业的资金需求催生了担保行业的快速发展,从衍生到辉煌再到膨胀最后到爆发,弹指数年间而已。从2009年开始,因为市场普遍预期主管部门将提高担保行业准入门槛,各地投资担保公司开始出现“搭末班车”的现象,担保公司数量呈现井喷式增长。据不完全统计,2009年、2010年两年间,全国新增担保公司达到16000家。由于经过银监会的推动而在全国各省市开展的一系列的整顿、教育、监管工作,过去几年,投资担保公司的数量快速无序增长的趋势得到抑制。截至2012年末,全国投资担保公司共有8590家。2008至2010年这三年也是河南省郑州市担保行业发展的鼎盛时期,担保公司达2000家,河南省有3600家。随着国内国际金融环境的风云突变,金融危机席卷全国乃至全行业,各行各业的企业主受到了极大的冲击,尤其是小微企业主的抗风险能力本来就弱,再加上过度的融资和膨胀发展,于是小微企业纷纷出现资金链断裂或倒闭现象。政府对担保行业的整顿也全面开始,从而导致本来资金及业务底子就单薄并且在夹缝中生存的担保行业纷纷告急,ZC担保公司在行业整顿初期就专门设立专业团队从事政策研究和市场分析,每周出具行业动态报告。在进入整顿中期前,ZC担保公司决策层慎重研究后决定立即全面清盘、回收民保业务。虽然ZC担保公司比同行业担保公司早清盘近一年,但是在清盘中方才发现原来所谓的精英团队、运作专业其实是那么的不堪一击,处处有问题,每单都存在风险和漏洞,使得款项的回收困难重重。而且随着行业整顿的愈演愈烈,金融危机迟迟不见回暖,ZC担保公司比行业早清盘的优势逐渐消失,清盘了三年,从最初的十亿业务到最后仍剩余5000万元司法案件尚未终结,最终损失近6000万元。ZC担保公司以经营失败而告终。本文以ZC担保公司经营失败的案例为研究对象,以现有担保理论为基础,对ZC担保公司从成立到辉煌到走向失败整个过程进行深入解读。探究导致其失败的内外部原因,以及总结由此带来的行业警示和经验教训。更多还原

【Abstract】 Small micro enterprise’s financing demand had given rise to the rapid development of the security industry, from derivatives to glory to expand to final explosion, in elastic index years.Since 2009, the market is generally expected departments will improve the guarantee industry admittance threshold, the investment guarantee companies in many areas began to appear the phenomenon of "catch the last bus", guarantee company’s quantity presents the blowout growth. According to the incomplete statistics, in 2009 and 2010 two years, the new guarantee companies increased to 16000 in China. Due to the regulator’s driving, in all over the country’s provinces and municipalities carried out a series of rectification, education, supervision in the past few years, the number of investment guarantee company’s rapid disorderly growth trend has been suppressed. By the end of 2012, the national’s investment guarantee companies had a total of 8590. This three years from 2008 to 2010, is also a peak of the development of the industry in the city of zhengzhou in henan province, guarantee company amounted to 2000, 3600 in henan province.Along with the Rapid changing of domestic and international financial environment, financial crisis swept across the country and even the whole industry, business owners from all walks of life received great impact, especially for small business owners of anti-risk ability is weak, coupled with excessive financing and development, and small businesses have capital chain rupture or collapse phenomenon. Reorganization of the government to guarantee industry also began to comprehensively, which can lead to the money and business base is thin and live on the margins of society guarantee industry are in an emergency.At the beginning of the industry consolidation ZC guarantee company set up a professional team engaged in policy research and market analysis, industry dynamic report issued every week. Before entering the middle consolidation, ZC guarantee company executives decided to liquidation in full after careful study, recycling business immediately. Although ZC guarantee company’s liquidation earlier than the same industry guarantee company nearly a year, in the liquidation it then turns out that the so-called elite team, professional operation is so fragile, everywhere there is a problem, every single exists risk and vulnerability, makes money collection difficult.And as the deepening of the reorganization of the line, the financial crisis has not recovered, ZC guarantee company’s advantage of company liquidation earlier than industry gradually disappear, winding up for three years, from the initial billion business to judicial cases of 50 million yuan still have not been ended, the final loss is nearly 60 million yuan. ZC guarantee company ended in failure.Regarded ZC guarantee company business’ s failure as the research object, based on the existing theory of guarantee, make an in-depth interpretation of the ZC guarantee company’s whole process from set ting up to glory to failing. It explores the internal and external causes that lead to the failure, and summarizes the resulting industry warning and lessons.更多还原