供应链中投资者报酬率分析.pdfVIP

摘要 供应链从其诞生之日起就因其信息共享、凝聚各企业核心竞争力，能够对市 场需求做出快速响应，有效配置和优化资源，减少不必要的流通环节，降低成本， 提高顾客满意度，提高企业参与全球经济一体化的竞争能力，而受到企业界和学 术界的追捧。近几年来，有关供应链管理 （SCM ）的论著如雨后春笋般涌现出 来。但在供应链管理给企业带来高效率和高利润的同时，其高风险性应引起足够 的重视，这是供应链本身固有的特征及外在的环境所决定的。 本文从供应链的基本概念与构建出发，分析供应链的组成分类模型，在作为 供应链各节点的企业所面临的各种风 ，从整条供应链综合分析其正常风 与小 概率事件，特别是小概率事件的特征。在此基础上，从投资者角度，把供应链中 各节点定义为各个不同的资产组，以CAPM 定量资产组的正常风 ，以泊松分 布定义其小概率事件，建立模型并进行实证。 关键词：供应链；突发事件；小概率事件；泊松分布；资本资产定价模型 I Abstract Supply chain is one of the hottest topic since it appears.It is praised highly by academe and business with its information sharing, cohesion of the core competitiveness of enterprises, response quickly to market s need, effective allocation and optimization of resources, reducing unnecessary circulation, reducing costs and improving customer satisfaction, improving enterprise integration in the global economy competitiveness.In recently years lots of original articles spring up.but in my point,it should be an important part of supply chain management to identify and control risks while firms are getting high profits.because of intrinsic characteristic and the environment of supply chain. This thesis just focuses on risk compensation when supply chain encouters the risk .First , introducing supply chain ,including its concept ,classification ,model and how to build it .Second ,analysing the normal risk and rare events in supply chain ,special the rare events ,at the same time we explain the risks of the corporations as a part of supply chain and its character .at the last we divided supply chain into many asset groups ,define normal risk through CAPM and rare events through Poisson distribution ,build model and give it a demonstration ,all of t