基于复杂网络的存货质押供应链融资风险致因网络研究

Research on the Risk Causation Network of Inventory Pledge Supply Chain Financing Based on Complex Network

在存货质押供应链融资业务过程中,由于各种因素的共同影响,导致在融资实际业务过程中难以避免的会存在风险事故的发生。基于此,本文利用扎根理论对80起存货质押供应链融资风险案例进行编码分析,从中得到了85个概念化、44个初始范畴、13个主范畴及5个核心范畴,并以此为基础,构建出了存货质押融资风险事故致因因素体系。本文的案例主要来自中国裁判文书网等资料积累的存货质押融资民事纠纷案例,使得致因因素更能够体现融资担保本身的性质;同时基于复杂系统网络构建的存货质押融资风险事故致因关联网络模型的构建原理与过程,通过不同角度分别从度中心性、介数中心性、聚类系数、K-Shell出发,综合节点的局部、全局、位置等属性,找出风险事故致因网络中的关键事故及风险致因因素,接着利用TOPSIS法综合上述角度,更加全面地评价存货质押融资风险网络节点的重要程度,得出了流程操作事故和监管事故为关键事故及质押物交付不规范和经营策略不当为关键风险致因因素的结论。

In the process of inventory pledge supply chain financing,due to the common influence of various factors,it is difficult to avoid the occurrence of risk accidents in the actual process of financing.Based on this,this paper uses grounded theory to code and analyze 80 inventory pledge supply chain financing risk cases,from which 85 conceptualization,44 initial categories,13 main categories and 5 core categories are obtained,and on this basis,a system of factors causing inventory pledge financing risk accidents is constructed.The cases in this paper are mainly from the inventory pledge financing civil dispute cases accumulated by China Judgment Documents Network,so that the causative factors can better reflect the nature of financing guarantee itself;At the same time,based on the construction principle and process of the correlation network model of inventory pledge financing risk accident causation,the key accidents and risk causation factors in the risk accident causation network are identified by integrating the local,global and location attributes of nodes from different perspectives from degree centrality,intermediate centrality,clustering coefficient and K-Shell.Then,TOPSIS method is used to comprehensively evaluate the importance of inventory pledge financing risk network nodes from the above perspectives,and the conclusion is drawn that process operation accidents and supervision accidents are the key accidents,and non-standard pledge delivery and improper business strategy are the key risk factors.