【作者】 何蛟；

【导师】 毛道维；

【作者基本信息】 四川大学 ， 工商管理， 2004， 硕士

【摘要】 我国银行不良资产是按帐面价值从银行转移到资产管理公司(AMC)，因此在AMC的实际运作中会产生如下问题：(1)这种转移方式可能导致转移不良资产问题而不是解决问题。(2)无法有效的考核资产管理公司的效绩。(3)不利于信息披露。(4)约束资产管理公司对不良资产的处置等。解决问题的关键就是使不良资产按照公平合理的价格从银行转移到资产管理公司，因此解决问题的方法就是找到合适的不良资产转移定价方法。 本论文首先回顾了已有的不良资产定价的方法并进行了分类总结，把现有的不良资产定价的方法分为三类：国内实践类，理论类和国外实践类，并分别进行了分析评价。发现已有的定价方法要么不全面、要么和实际脱轨、要么和我国情况不符，更没有在实践中运用和比较；为此笔者借鉴了商业银行资产风险度管理的思想，参考了政府对不良资产的定价模型，还通过对企业财务指标及非财务指标的评价，考察企业不能按期偿还和清付贷款本息的可能性，在此基础上建立了资产风险定价法；另外还在收益现值法基础上提出了无负债分析法；在本文中这两种方法都在实践中进行了运用和分析，同时还在实践中分别与清算法作了对比；论文的最后笔者就资产管理公司面临的法律和信息的问题提出了政策性建议。更多还原

【Abstract】 The non-performing assets of our country is transferred from the bank to the assets management company according to book value, so will produce the following question : (l)The non-performing assets of this form shifts and results in shifting the problem most probably instead of the problem of solving . (2)Result achievement of the examination property management company unable to be effective. (3)Unfavorable to the disclosure of information. (4)Restrain handling etc. to non- performing assets of property management company. The key of solving the problem is to make the non- performing assets transfer from the bank to the property management company according to the fair and reasonable price, so the method to solve problem is to find the suitable non-performing assets and shift the method of the fixed price. Have reviewed the existing non-performing assets pricing method and classified summarizing at first in this thesis, divide the existing non-performing assets pricing method into three kinds: The practicing at home, the theories and foreign countries practicing; Also analyses separately. Find the existing pricing method or not overall. Or with derailing actually. Or does not accord with my national conditions condition, does not use and compare in practice; Have drawn lessons from one degree of thoughts of management of assets risk of commercial bank for this author, consult governmentpricing model in non-performing assets, pass financial index and appraisal of financial index to enterprise also, investigate the possibility that enterprises can’t repay and pay off the loan and interest on schedule, have set up the method of fixing price of the risk of the assets on this basis; Also propose not there is not analytic approach in debiting on the basis of current value law of the income in addition; Have both used and analyzed in practice in originally these two kinds of methods in the article, at the same time also in practice separately with clear law act as the contrast; The end author of the thesis puts forward the policy suggestion on the problems of law and information which the property management company faces.更多还原