CAJ | 학술논문

本文通过扩展传统Shapley数值建模理论的基本假定,研究了金融供应链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,并由此得出了金融供应链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金融供应链系统的稳定系数,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,论证了金融供应链在我国弱势信贷市场实践中的重要意义。
본문통과확전전통Shapley수치건모이론적기본가정,연구료금융공응련군태융자모식적산출적효화풍험결구,론증료합작주체수익분배적개진로경;기우정향변제화신식증익적가정,연구료중소기업변제경쟁력제승적배경화조건,병유차득출료금융공응련저일신형융자모식적존속궤제화운행원리;건립재공응련계통풍험결구분해적기출상,본문수차정의료행업특정적산출리차화금융공응련계통적은정계수,분별계량경제개체여조합생산적계통성풍험;통과인입동태개치평고모식,론증료금융공응련재아국약세신대시장실천중적중요의의。
Shapley quantitative modeling theory is adopted, then by expanding the basic assumption, it is used to evaluate the output performance and risk structure of the financial supply chain, as well as the improvement of the profit allocating method. Furthermore, by assuming the forward marginal and informational benefits, it is to be investigated the environment and conditions which can help to improve the marginal competitive capacity of medium-sized and small enterprises. Consequently, the result shows the continuing exist mechanism and operating theory of the financial supply chain model. Moreover, by decomposing the systematic risk system of the supply chain, the output deviation of different industry and the stability coefficient of the financial supply chain are firstly defined, in order to measure the systematic risk between the individuals and combination. To conclude, the dynamic valuing model plays an essential role in the process that investigating the influence of the financial supply chain on Chinese weak credit market.