本文關(guān)鍵詞： 中小房地產(chǎn)企業(yè) 私募融資 風(fēng)險(xiǎn)　出處：《浙江大學(xué)》2014年碩士論文　論文類型：學(xué)位論文

【摘要】：我國(guó)房地產(chǎn)企業(yè)中,中小型房地產(chǎn)企業(yè)數(shù)量約占了90%,它們?cè)跐M足不同消費(fèi)需求、創(chuàng)造社會(huì)財(cái)富、增加就業(yè)等方面做出了一定的貢獻(xiàn)。但是,房地產(chǎn)行業(yè)具有高風(fēng)險(xiǎn)的特點(diǎn),加上中小型房地產(chǎn)企業(yè)自身規(guī)模小、風(fēng)險(xiǎn)承擔(dān)能力弱等先天不足,導(dǎo)致我國(guó)中小房地產(chǎn)企業(yè)通過傳統(tǒng)融資渠道進(jìn)行融資的難度增加。 我國(guó)金融市場(chǎng)體系尚未完善,為營(yíng)造健康發(fā)展的房地產(chǎn)市場(chǎng)氛圍,我國(guó)對(duì)開發(fā)商的融資渠道采取一系列的限制措施,進(jìn)一步增加了企業(yè)的融資難度,提高了融資成本,使中小房地產(chǎn)企業(yè)在融資環(huán)節(jié)逐漸陷入困境。為了能在嚴(yán)峻的金融環(huán)境下獲得生存和發(fā)展,中小房地產(chǎn)企業(yè)迫于尋求新興的融資方式。在眾多的融資方式中,私募融資逐漸成為房地產(chǎn)企業(yè)融資選擇的一個(gè)新渠道。 為了中小房地產(chǎn)企業(yè)更好的選擇融資渠道和進(jìn)行風(fēng)險(xiǎn)控制,本文以當(dāng)前房地產(chǎn)業(yè)融資模式的選擇和私募融資發(fā)展現(xiàn)狀為背景,對(duì)我國(guó)中小房地產(chǎn)企業(yè)進(jìn)行私募融資風(fēng)險(xiǎn)進(jìn)行定性和定量分析。 第一,分析我國(guó)中小房地產(chǎn)企業(yè)的特點(diǎn)以及對(duì)傳統(tǒng)融資方式進(jìn)行比較。分析比較得出,我國(guó)中小型房地產(chǎn)企業(yè)選擇傳統(tǒng)融資存在的弊端和不足。 第二,傳統(tǒng)融資方式的不足,促使房地產(chǎn)企業(yè)開始選擇私募融資作為新的融資渠道。因此,結(jié)合私募融資模發(fā)展現(xiàn)狀和中小房地產(chǎn)企業(yè)的發(fā)展現(xiàn)狀,使用SWOT分析模型對(duì)中小房地產(chǎn)企業(yè)私募融資進(jìn)行態(tài)勢(shì)分析,梳理我國(guó)中小房地產(chǎn)企業(yè)私募融資優(yōu)劣勢(shì)及環(huán)境機(jī)會(huì)與威脅等情況。 第三,企業(yè)活動(dòng)風(fēng)險(xiǎn)由系統(tǒng)內(nèi)部風(fēng)險(xiǎn)和系統(tǒng)外部風(fēng)險(xiǎn)構(gòu)成,而這些風(fēng)險(xiǎn)由風(fēng)險(xiǎn)因素組成。因此,本文在借鑒以往學(xué)者的研究基礎(chǔ)上,對(duì)各風(fēng)險(xiǎn)因素歸類和分析之后,使用風(fēng)險(xiǎn)評(píng)價(jià)模型、利用相關(guān)調(diào)查統(tǒng)計(jì)數(shù)據(jù)及分析軟件對(duì)中小房地產(chǎn)企業(yè)選擇私募融資涉及的風(fēng)險(xiǎn)指標(biāo)進(jìn)行評(píng)價(jià)。 最后針對(duì)現(xiàn)狀分析部分和案例分析結(jié)果提出相應(yīng)的建議。
[Abstract]:Among the real estate enterprises in China, the number of small and medium-sized real estate enterprises accounts for about 90%. They have made some contributions in meeting different consumption needs, creating social wealth, increasing employment and so on. The real estate industry has the characteristics of high risk, coupled with the small scale of small and medium-sized real estate enterprises, weak risk-bearing capacity and other natural deficiencies. Small and medium-sized real estate enterprises in our country through traditional financing channels to increase the difficulty of financing. China's financial market system is not yet perfect, in order to create a healthy development of the real estate market atmosphere, China has taken a series of restrictions on the financing channels of developers, further increased the financing difficulties of enterprises. Raise the financing cost, make the small and medium-sized real estate enterprises gradually fall into a dilemma in the financing link, in order to be able to survive and develop in the severe financial environment. Small and medium-sized real estate enterprises are forced to seek new financing methods. Among many financing methods, private equity financing has gradually become a new channel for real estate enterprises to choose financing. In order to better choose financing channels and risk control for small and medium-sized real estate enterprises, this paper based on the choice of the current real estate financing mode and the development of private equity financing as the background. Qualitative and quantitative analysis of private equity financing risk of small and medium real estate enterprises in China. First, it analyzes the characteristics of the small and medium-sized real estate enterprises in China and compares the traditional financing methods, and draws the conclusion that there are disadvantages and shortcomings in choosing the traditional financing for the small and medium-sized real estate enterprises in our country. Second, the lack of traditional financing means, the real estate enterprises began to choose private equity financing as a new financing channel. Therefore, combining the current situation of private equity financing model development and the development of small and medium-sized real estate enterprises. This paper analyzes the situation of private financing of small and medium-sized real estate enterprises by using SWOT analysis model to sort out the advantages and disadvantages of private financing of small and medium-sized real estate enterprises in China and the situation of environmental opportunities and threats. Thirdly, the enterprise activity risk consists of the system internal risk and the system external risk, and these risks are composed of the risk factors. After classifying and analyzing the risk factors, using the risk evaluation model, using the relevant statistical data and analysis software to evaluate the risk indicators involved in the selection of private equity financing for small and medium-sized real estate enterprises. At last, some suggestions are put forward for the analysis of current situation and the result of case analysis.
【學(xué)位授予單位】：浙江大學(xué)
【學(xué)位級(jí)別】：碩士
【學(xué)位授予年份】：2014
【分類號(hào)】：F299.233.42

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相關(guān)博士學(xué)位論文 前1條

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本文編號(hào)：1443630