基于G1-变异系数的私募股权融资风险评价

The Research on Risk Assessment of Private Equity Financing Based on the G1-Coefficient of Variation

私募股权融资风险评价研究是一项复杂而系统的工作,其中既有定性的研究也有定量的分析。本文构建私募股权融资风险评价指标体系,采用G1法与变异系数法相结合的方式确定指标体系综合权重,以模糊数学原理为基础,构建私募股权融资风险综合评价模型,对P企业私募股权融资风险进行综合评价。评价结果表明,P企业私募股权融资风险的综合评价值为3.6297,处于极其接近良好的状态,风险较低,表明该项目适合进行私募股权融资。其中金融风险的分值为3.4965,环境风险的分值为3.2305,管理风险的分值为3.4181,政策风险的分值为3.6026,市场风险的分值为4.0832,财务风险的分值为3.8811,表明各个风险的评价分值都适合进行私募股权融资,融资风险较小。本研究可为现有私募股权融资风险评价与选择提供借鉴和参考。

The research on risk assessment of private equity financing is complex and systematic; and this kind of research involves not only qualitative research, but also quantitative research. In this paper, the author builds an indicator system for private equity financing risk evaluation, determines the comprehensive weight of this indicator system combining the method of G1 and coefficient of variation, builds a comprehensive evaluation model of private equity financing risk for enterprise P taking fuzzy mathematics as the basis, and carries out a comprehensive analysis on the private equity financing risk of P. It shows that the comprehensive evaluation score of P is 3.6297 which indicating a nearly sound situation and low related risk, and this project is suitable for private equity financing. The investment risk score of 3.4965, environmental risk score of 3.2305, management risk score of 3.4181, policy risk score of 3.6026, market risk score of 4.0832, and financial risk score of 3.8811 all indicate that various risk assessment scores are suitable for private equity financing and the financing risk is very low. And this research can provide reference for the choice and risk assessment of private equity financing.