基于供应链保兑仓融资的企业风险收益合约研究

A Study of the Risk-Return in Contracted Enterprises with Confirming Storage Financing

作为典型的供应链融资服务保兑仓融资业务,可以使参与企业获得很好的收益。企业努力水平的高低以及信用程度的大小决定保兑仓业务的收益状态,如果使合约企业在保兑仓业务中共赢,必须以参与企业一定的努力水平和信用程度作为先决条件。结果表明,企业努力水平和信用程度与企业收益幅度之间存在密切的关系,不同的努力水平和信用程度将会导致企业不同的收益落差,直接影响企业的收益水平。

Results of this paper show that confirming storage financing, a typical supply chain financing mode, will bring good economic returns to those enterprises involved. The effort level and credit of the enterprises determine the benefits they can reap from the financing. If a win - win situation is to be reached between the contracted enterprises, their efforts level and credit, which are closely relevant to enterprise profits, must be first considered. The effort level and credit make a real difference, because they affect corporate earnings.