【作者】 王伟；

【导师】 陈洁；

【作者基本信息】 天津农学院 ， 会计硕士（专业学位）， 2020， 硕士

【摘要】 当前,市场竞争日益激烈,充足的资金对于企业来讲至关重要。很多中小企业面临着诸多发展机遇,却因现金流不足发展速度缓慢,供应链融资的出现对中小企业而言无疑是新的希望。核心企业通过担保和主导供应链融资,提升了自己的行业地位,增强了供应链的竞争力,可以说供应链上各参与者实现了共赢。随着供应链融资正逐渐成为解决中小企业融资难题的有效路径之一,深入探讨供应链融资面临的问题,引导供应链健康发展具有重要意义。通过分析整理供应链融资的相关研究发现,目前大多学者是从银行和中小企业的角度展开分析,而从核心企业视角研究供应链融资相对较少。核心企业在供应链融资中的主导作用,充分说明了研究核心企业供应链融资也具有深远的意义。本文基于供应链融资的委托代理理论、信息不对称理论和交易成本理论,运用文献研究法和案例研究法,选取DH集团为研究对象。论文主要内容如下:首先,绪论部分简要介绍本文研究目的、意义和国内外研究现状等;然后,理论概述部分分析了供应链融资的含义、特点及主要模式,并对三大理论基础进行了详细阐述;其次,现状分析部分,分别从案例公司简介、融资动因、融资流程和融资模式进行了详述,并对公司的供应链融资效果进行了定量分析;最后,分析了存在的主要问题、成因及对策。通过研究分析DH集团主导的供应链融资,发现公司融资中存在信用风险、信息共享不全面、经营风险及参与性不足问题,因此提出了加强信用评级体系建设、提升电子商务平台信息技术和建立合理的激励机制等对策。更多还原

【Abstract】 At present,the market competition is increasingly fierce,sufficient capital is crucial for enterprises.Many small and medium-sized enterprises are faced with many development opportunities,but due to the lack of cash flow,the development speed is slow.The emergence of supply chain financing is undoubtedly a new hope for small and medium-sized enterprises.Through guarantee and leading supply chain financing,the core enterprises have improved their industry status and enhanced the competitiveness of the supply chain.It can be said that all participants in the supply chain have achieved a win-win situation.With supply chain financing becomingone of the effective ways to solve the financing problems of smes,it is of great significance to explore the problems of supply chain financing and guide the healthy development of supply chain.Through analyzing and sorting out relevant studies on supply chain financing,it is found that most scholars conduct analysis from the perspective of Banks and small and medium-sized enterprises at the moment,while studies on supply chain financing from the perspective of core enterprises are relatively rare.The leading role of core enterprises in supply chain financing fully demonstrates the profound significance of studying the supply chain financing of core enterprises.Based on the principal-agent theory,information asymmetry theory and transaction cost theory of supply chain financing,this paper selects DH industry group as the research object by using literature research method and case study method.The main contents of the paper are as follows: first,the introduction briefly introduces the research purpose,significance and research status at home and abroad.Then,the theoretical overview part analyses the meaning,characteristics and main modes of supply chain financing,and elaborates the three theoretical bases.Secondly,the part of current situation analysis is detailed from the case company profile,financing motivation,financing process and financing mode,and the company’s supply chain financing effect is quantitatively analyzed.Finally,the main problems,causes and countermeasures are analyzed.Through the study of DH industry group,the leading supply chain financing,found existing in the corporate finance credit risk,management risk,information sharing,not comprehensive and participatory shortage problem,thus put forward to strengthen the construction of credit rating system,improve e-commerce platform of information technology and countermeasures such as to establish a reasonable incentive mechanism.更多还原