摘要
随着供应链金融规模的扩大和程度的加深,供应链金融运作过程中的风险问题越来越受到关注。单纯基于供应链整体角度或者从金融角度出发分析风险的来源是片面的,结合供应链金融风险的主要来源,对风险特征进行分析,供应链金融风险主要来源于三个方面:一是多变的外部环境,包括经济、政策、自然和人文环境;二是复杂的供应链网络结构,包括网络结构惯性、总体和个体目标差异、参与主体关系;三是特征各异的参与主体,包括核心企业、中小企业和物流企业。针对供应链金融风险的具体来源,从兼顾抵御性、适应性和创新性的供应链柔性,综合规模管理和节点管理的网络结构管理,以及包括真实性、有效性和完整性的信息治理角度展开供应链金融风险的综合管理。为妥善解决供应链金融风险问题,保障供应链金融缓解中小企业融资问题的有效性,提出以下政策建议:通过合理库存和有效创新增强供应链自身柔性;选择合理的供应链横向和纵向结构,加强对节点企业的监管;提高供应链系统的信息有效性。
With the expansion of scale and deepening of degree of supply chain finance, increasing attention has been paid to the risk problems in the process of supply chain finance operation. It is one-sided to analyze the sources of risks only from the perspective of the whole supply chain or only from the perspective of finance. Combined with the main sources of supply chain financial risks, this paper analyzes the characteristics of the risks and finds that supply chain financial risks mainly come from the following three aspects: a. changeable external environment, including economic, policy, natural and human environment. b. complex supply chain network structure, including network structure inertia, differences between overall and individual objectives, and the relationship between participants;c. participants with different characteristics, including core enterprises, small and medium-sized enterprises and logistics enterprises. Aiming at the specific sources of supply chain financial risks, a comprehensive management of supply chain financial risks should be carried out from the perspective of the supply chain flexibility which simultaneously considers its resistance, adaptability and innovation, the network structure management which combines scale management and node management, and information governance which includes authenticity, effectiveness and integrity. In order to properly solve the problem of supply chain financial risks, it is necessary to enhance the flexibility of the supply chain itself through reasonable inventory and effective innovation, choose a reasonable horizontal and vertical structure of the supply chain to strengthen the supervision of node enterprises, and improve the information effectiveness of the supply chain system and other policy measures to promote the effectiveness of supply chain finance in mitigating the financing problems of small and medium-sized enterprises.
作者
宿玉海
刘梦珣
SU Yuhai;LIU Mengxun(School of Finance,Shandong University of Finance and Economics,Jinan 250014,China)
出处
《山东财经大学学报》
2019年第5期91-101,共11页
Journal of Shandong University of Finance and Economics
基金
山东省金融应用重点项目“P2P网络借贷平台风险及对策研究”(JRZZ201608)
关键词
供应链金融
外部环境风险
供应链网络风险
供应链参与主体风险
supply chain finance
external environmental risk
supply chain network risk
supply chain participant risk
