基于供应链金融的银行贷款决策及其优化方法研究

发布时间：2018-02-04 00:41

本文关键词： 供应链金融资金约束供应链风险管理贷款价值比贷款决策　出处：《东北大学》2012年硕士论文　论文类型：学位论文

【摘要】：供应链金融是一种物流、资金流和信息流的整合创新,其在为供应链中物资的流通提供有效资金支持的同时,实现银行、物流企业、融资企业乃至供应链的多方共赢。供应链金融有效改善了我国中小企业融资难、商业银行“惜贷”的矛盾现状,为加快我国在“十二五”期间的经济发展方式转型注入了活力源泉。在我国,供应链金融的实践发展十分迅速,但作为一种全新的融资模式,它在实践中也遇到了许多问题,缺少系统的理论基础。已有资金约束供应链融资决策问题的研究大都从供应链融资企业角度分析,本文站在商业银行等贷款人的新的视角,以一个具有资金约束的、由单一制造商和单一零售商构成的二级供应链系统为研究对象,产品需求市场为典型的报童模型,针对商业银行等金融机构对供应链上下游企业提供融资服务的问题,构建了商业银行的融资决策模型并进行了优化,最后给出仿真模拟验证了模型的有效性。主要研究内容和结果如下： (1)本文把贷款人的决策问题分成两种方式,当贷款银行向处于同一供应链上下游的两家企业提供贷款数额时,一个选择是为制造商和零售商分别做出独立决策,另一个是参与整条供应链的生产运营为制造商和零售商的融资做出联合决策。研究表明如果零售商或制造商的初始资金头寸非常小,联合决策是有利于贷款人以及制造商和零售商双方的借贷模式。这在商业银行对资金约束供应链融资服务实际操作中具有重要的指导意义。 (2)在银行选择联合决策模型的基础上,进一步将下侧风险控制指标贷款价值比模型引入到供应链金融的银行决策中,研究银行的融资决策与抵押贷款价值比的关系。分析可看出,供应链中制造企业设定的批发价格、回购率以及剩余产品在市场中的处置价值等因素都会影响银行的贷款价值比。银行积极参与到供应链整体运营中能够增加其贷款收益。分析所得结论进一步拓展了银行抵押贷款中关于贷款价值比的研究,对现实中供应链的信贷融资实务具有重要的参考价值。本文对供应链金融从全新角度进行分析,同时结合定量模型研究各种模式下的融资运作决策,丰富供应链金融研究内容的同时,为供应链条上存在资金缺口的借款企业提供了融资决策的依据。
[Abstract]:Supply chain finance is a kind of integration innovation of logistics, capital flow and information flow, which provides effective capital support for the circulation of goods and materials in the supply chain, and realizes banks and logistics enterprises at the same time. Financing enterprises and even the supply chain of multi-win-win. Supply chain finance effectively improve the financing difficulties of small and medium-sized enterprises in China, commercial banks "reluctant to lend" the contradiction of the status quo. In order to speed up the transformation of economic development mode during the "12th Five-Year Plan" period, the source of vitality has been injected. In China, the practice of supply chain finance has developed very rapidly, but as a new financing mode. It also meets many problems in practice and lacks the theoretical foundation of the system. Most of the research on the financing decision of supply chain constraints has been made from the perspective of supply chain financing enterprises. This paper is based on the new perspective of lenders such as commercial banks to have a financial constraint. A two-stage supply chain system composed of a single manufacturer and a single retailer is studied. The product demand market is a typical newsboy model. Aiming at the problem that commercial banks and other financial institutions provide financing services to upstream and downstream enterprises in the supply chain, the financing decision model of commercial banks is constructed and optimized. Finally, simulation results are given to verify the validity of the model. The main contents and results are as follows: This paper divides the lender decision problem into two ways, when the loan bank provides the loan amount to the two enterprises in the same supply chain upstream and downstream. One option is to make separate decisions for manufacturers and retailers. The other is to participate in the production and operation of the entire supply chain to make joint decisions for the financing of manufacturers and retailers. Research shows that if the initial capital position of the retailer or manufacturer is very small. Joint decision making is a kind of loan mode which is beneficial to both lenders, manufacturers and retailers, which is of great significance to commercial banks in the practical operation of the financing services of capital constrained supply chain. 2) on the basis of the joint decision model, the lower risk control index loan value ratio model is further introduced into the bank decision making in the supply chain finance. The relationship between the financing decision of banks and the value ratio of mortgage loans is studied. The analysis shows that the wholesale prices set by manufacturing enterprises in the supply chain. Such factors as repurchase rate and disposal value of surplus products in the market will affect the loan value ratio of banks. The banks' active participation in the overall operation of the supply chain can increase their loan returns. The paper studies the loan value ratio in the bank mortgage loan. It has important reference value for the credit financing practice of supply chain in reality. This paper analyzes the supply chain finance from a new perspective, at the same time combining with the quantitative model to study the financing operation decisions under various models, enrich the supply chain finance research content at the same time. It provides the basis of financing decision for the loan enterprises with fund gap in the supply chain.
【学位授予单位】：东北大学
【学位级别】：硕士
【学位授予年份】：2012
【分类号】：F832.4

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