發(fā)布時間：2018-01-03 20:09

  本文關(guān)鍵詞：核電行業(yè)上市公司銀行信貸影響因素實證研究　出處：《南華大學(xué)》2014年碩士論文　論文類型：學(xué)位論文

  更多相關(guān)文章： 核電行業(yè)上市公司 信用貸款 財務(wù)指標(biāo) 非財務(wù)指標(biāo)

【摘要】：核電作為的一種綠色能源，在我國全面建設(shè)資源節(jié)約型和環(huán)境友好型社會中發(fā)揮重要的作用。但融資這一難題困擾著我國大量的核電行業(yè)上市公司，成為其快速健康發(fā)展的瓶頸。相較于其它融資渠道，銀行貸款仍是大多數(shù)核電行業(yè)上市企業(yè)的首選方式。在眾多貸款形式中，信用貸款無需提供抵押品或第三方擔(dān)保，因而比其他形式貸款具有更高的風(fēng)險，是商業(yè)銀行經(jīng)營風(fēng)險的重要組成部分。 本文在商業(yè)銀行信用貸款影響因素的國內(nèi)外研究現(xiàn)狀的基礎(chǔ)上，通過對信貸配給理論、關(guān)系型貸款理論、委托代理理論和信息不對稱理論等信用貸款決策理論進(jìn)行深入研究，并結(jié)合目前我國核電行業(yè)上市公司的經(jīng)營和融資現(xiàn)狀，從理論層面研究核電行業(yè)上市公司商業(yè)銀行信用貸款可得性以及額度的影響因素。在實證研究部分，本文以我國滬深兩市A股市場中所有核電行業(yè)上市公司的信用貸款增量為研究對象，從盈利能力、股東獲利能力、現(xiàn)金流量能力、營運(yùn)能力、發(fā)展能力、償債能力、其它財務(wù)指標(biāo)、重要非財務(wù)指標(biāo)等七個方面的指標(biāo)作為解釋變量，，運(yùn)用獨(dú)立樣本T檢驗、逐步回歸模型、信用貸款的區(qū)域分析等方法對信用貸款進(jìn)行分析。研究結(jié)果表明，能夠得到長期貸款的樣本數(shù)量小于得到短期貸款的樣本數(shù)量，表明銀行對于發(fā)放長期貸款較短期貸款更為謹(jǐn)慎；在短期貸款決策中，短期償債能力起到?jīng)Q定性的作用；而在長期貸款中，長期償債能力、盈利能力、營運(yùn)能力、發(fā)展能力均是銀行考慮的因素；金融生態(tài)環(huán)境較好的地區(qū)決策更加關(guān)注企業(yè)的營運(yùn)能力、償債能力和股東獲利能力，說明地區(qū)金融生態(tài)環(huán)境差異確實影響信貸人員的決策行為。為加強(qiáng)信貸風(fēng)險的防范，商業(yè)銀行自身應(yīng)當(dāng)加強(qiáng)對財務(wù)報表的分析、實現(xiàn)信貸投放差異化、培育新型信貸文化并加大對非國有控股企業(yè)信貸支持。同時對核電行業(yè)上市公司而言，本文提出培育和提升企業(yè)核心競爭力、加快建立現(xiàn)代企業(yè)管理制度、拓寬各種融資渠道等建議改善融資現(xiàn)狀。最后，本文結(jié)尾指出研究在樣本選取的完整性、指標(biāo)數(shù)據(jù)的可靠性及局限性方面的不足，為后人進(jìn)一步完善提供參考。
[Abstract]:As a kind of green energy nuclear power construction, fully play an important role in resource conservation and environment friendly society in our country. But the financing problem of large amount of China's nuclear power industry listed companies, become the bottleneck of rapid and healthy development. Compared with other financing channels, bank loans are still the most preferred way of listing the nuclear power industry in many enterprises. In the form of loans, credit loans without collateral or guarantees to third parties, so than other forms of loans with higher risk, is an important part of the operation risk of commercial banks.
Based on the domestic and foreign research status factors of commercial bank credit loan effect, based on the credit rationing theory, relationship lending theory, principal-agent theory and information asymmetry theory, credit decision theory in-depth study, combined with the current situation of the nuclear power industry management and financing of Listed Companies in China, from the theoretical level of nuclear power listed companies of commercial banks credit availability and the amount of influence factors. In the part of empirical research, based on China's two stock markets of Shanghai and Shenzhen A stock market in all nuclear power industries listed company credit increment as the research object, from the profitability, shareholder profitability, cash flow ability, operation ability, development ability, solvency ability, other financial indicators, seven important non-financial indicators and other indicators as explanatory variables, using independent samples T test, stepwise regression model, the letter The credit is analyzed by regional analysis method. The results show that the loan amount, the number of samples samples can get long-term loans than short-term loans, long-term loans that banks for short-term loans are more cautious; in the short term loan decision, short-term solvency plays a decisive role in the long-term loans; in the long-term solvency, profitability, operation ability, development ability were the factors considered bank; financial ecological environment in areas with better decision to pay more attention to the operating capacity, solvency and profit ability of shareholders, indicated that the regional financial ecological environment difference does affect the decision-making behavior of credit personnel. To strengthen the credit risk prevention, business the banks shall strengthen the analysis of financial statements, to achieve credit difference, cultivate new credit culture and increase the non state control Shares of enterprise credit support. At the same time, the nuclear power industry listed companies, this paper put forward to cultivate and enhance the core competitiveness of enterprises, accelerate the establishment of modern enterprise management system, broaden the financing channels of various suggestions to improve the financing situation. Finally, this paper pointed out at the end of Study on the integrity of sample selection, lack of data reliability and limitations, provide reference for future improvement.

【學(xué)位授予單位】：南華大學(xué)
【學(xué)位級別】：碩士
【學(xué)位授予年份】：2014
【分類號】：F832.4;F426.23;F426.61

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