Study On Disequilibrium Of Demand And Supply For The Enterprise Credit Checking

This thesis is research about disequilibrium of demand and supply for the enterprise credit checking and considers enterprise credit checking as a commodity. At first, it analyzes this commodity's basic way of movement and its mechanism of demand and supply, and then establishes this commodity's quality character system. After this, it compares the present situation of Chinese enterprise credit checking system with the developed country's. On the basis of these ideas, from the main demanders and suppliers, the problem of disequilibrium, its negative effects and essential reasons are studied. Finally, some measures are suggested. The main conclusions and policies are as follows:1. conclusions(1) As a commodity, enterprise credit checking must conform to the law of demand and supply, and the movement of it is mentioned about the demand and supply of enterprise credit information and itself, which is mainly according to the way of same business and union business of credit checking, and the later one is better.(2) On the market of enterprise credit checking, the commodity can meet the demand only when it satisfies four characters: the whole characters: practice and authority; the basic characters: reality; the restrained characters: cost is lower than profit; and the important characters: standardization, continuance and abundance.(3) The quality of enterprise credit checking is decided by the system of enterprise credit checking, which also decides the demand and supply of the commodity. According to the present situation of enterprise credit checking system which is compared between China and the developed countries, we can see that we have fallen behind.(4) Generally, the demand and supply of the enterprise credit checking in China shows a structural disequilibrium: the high demand of the commodity can't be satisfied by the low quality supply of it. Under a perfect system of enterprise credit checking, the enterprise credit information which is demanded by the credit checking agency comes from the enterprise, financial organization and government department. However, the reality of the enterprise credit information couldn't be guaranteed because the Chinese enterprises are losing credit at present. Moreover, from the bank and government department, the credit information isn't transported to the credit checking agency. Limited by these conditions, the quality of the commodity which is supplied by the credit checking agency is low. As for the demand, firstly, the huge potential demand can't be satisfied because of the commodity's low quality. Another one is the main demanders' light credit consciousness, which also hinder the demand.(5) The disequilibrium of demand and supply for enterprise credit checking has become an obstacle to the development of the Market economy. The mechanism of vicious circle which is formed by it is not only make the credit checking agency couldn't gain the normal profit, but also bring about the credit losing in the whole society. Furthermore, it results in higher transaction costs and harder financing to the enterprise, higher credit risk to the bank and weaker effect to the monetary policy.(6) Basically, during the transitional period, the problem was given rise to by the reason that the compatibility couldn't achieve between the mechanism of the Market economy and the society ideology of the planned economy. Moreover, some institutions are lack seriously during the transitional period, including the institution of enterprise's property rights, relative law, the function of government and the credit consciousness.2. suggestions(1) Promoting the reform of the institution of enterprise's property rights. Building a clear relation of property rights and relative law that can guarantee its implementation.(2) Building and perfecting the system of credit checking law. One is to formulate relative laws, another is to modify the using relative laws.(3) Establishing the function of government in the system of enterprise credit checking. It is not interfering in the economy, but guiding, promoting and supervising the credit checking industry, and creating the demand and supply.(4) Choosing the model of special permission from the government to manage the data base of credit checking so as to guarantee the data base covering the whole country in a short period.(5) Cultivating the independent and authoritative credit checking agency step by step.(6) Establishing a association of credit checking industry so as to strengthen self-control of the industry and supervision to it.(7) Cultivating the whole society's credit consciousness and strengthening the education and research of credit management.