群态融资模式下商业银行供应链金融的生态绩效与风险评价——基于信用回流与动态价值评价推荐.docVIP

论文题目：《群态融资模式下商业银行供应链金融的生态绩效与风险评价 ——基于信用回流与动态价值评价》 On the Performance and Risk of Financial Supply Chain under group finance ——based on the credit backflow and dynamic value assessment Abstracts：The financing model of financial supply chain, as a new kind financial system arrangement, is based on the new perspective of credit backflow and value tracking, presents its endogenous advantage and powerful function with regard to relieve medium-enterprises financing difficulties. This paper studies the output performance and risk structure of the financial supply chain financing model by extending the basic assumption in the traditional theory of Shapley numerical model, and demonstrates improving path of profits distribution between collaborative agents and studies the environment and conditions that are necessary for small and medium enterprises upgrading marginal competitiveness, Building on the risk structure decomposition of supply chain, the paper, for the first time, defines the output deviation of industry characteristic and stationary coefficient of financial supply chain, respectively measures the systematic risk in economic individual and combined production. Key words: financial supply chain, group finance, credit backflow, group decision ecology performance 群态融资模式下商业银行供应链金融的生态绩效与风险评价 ——基于信用回流与动态价值评价 摘要：供应链金融融资模式作为一种新型的金融制度安排，基于信用回流与价值跟踪的新视角，体现出其对缓解中小企业融资瓶颈的内生优势与强大功能；本文通过扩展传统Shapley数值建模理论的基本假定，研究了供应链金融群态融资模式的产出绩效和风险结构，论证了合作主体收益分配的改进路径；基于正向边际和信息增益的假定，研究了中小企业边际竞争力提升的环境和条件，并由此得出了供应链金融这一新型融资模式的存续机制和运行原理；建立在供应链系统风险结构分解的基础上，本文首次定义了行业特征的产出离差和供应链金融系统的稳定系数，分别计量经济个体与组合生产的系统性风险；通过引入动态价值评估模式，论证了供应链金融在我国弱势信贷市场实践中的重要意义。 关键词：供应链金融，群态融资，信用回流，群决策生态绩效 一、研究背景 国际金融危机引致的金融经济逆周期，使得国内外学者将研究的重点再次放在了遭受商业信用与银行信用“双重配给”的中小企业融资这一难题。本文研究的供应链金融融资模式，是对传统商业银行“点对点”（银行依据企业本体的资信状况作出决策）信贷机制的突破与完善，基于“点对链”（银行依据产业链生态）的“1+N”甚至“N+1+N”的群态融资模式，通过挖掘市场的潜在价值，不仅改善了中小企业的融资生态，同时也提供了商业银行进行动态价值评价的理论依据，有利于构建银企合作的新平台。 供应链金融作为内生性市场价值挖潜的重要工具，在国内商业银行 《中国银行业营销与创新专题研究报告2008》数据显示，六家上市银行（工行、交行、招行、兴业、浦发和民生）一季度新增贴现4558.