The Game Analysis Of Credit Risk Management Of Chinese Enterprises

As China's system of market economy improving, the consciousness of our enterprises' credit risk is also getting higher. But currently there are many questions in the management of our enterprises' credit risk, and the risk credit management's methods of western countries' enterprises cannot be suitable well for ours enterprises. Therefore, this paper uses the method of game theory to research the question of enterprises' credit risk with strong theoretical and practical significance.This paper expands the meaning of the enterprise's credit risk. The credit risk should be considered the loss's possibility caused by some questions of the contract's fulfillment. Credit risk mainly comes from three issues, including the other's capacity of fulfillment which has some problems, the own problems of the enterprises and the problems of the contract. Our enterprise's measure question of credit risk can use the model to solve by analyzing the factor of enterprise's credit risk.In the real world, the performance of credit risk is the game when the enterprise and other to fulfill the contract. With analyzing the credit risks of credit main body, this paper divides the complete information static game, the complete information dynamic game, the incomplete information static state and so on. In the course of analyzing this paper, this paper differentiates the objective breach of contract and the subjective malicious breach of contract. The relation of the supervised organization and the enterprise also differentiates to serve and be served, supervise and be supervised. By the game analysis, we can obtain the balanced result when the conditions are satisfied, or obtain the mixed strategy balanced result.Based the game analysis's result, the corresponding policy suggests that the enterprise Credit Risk Management's main task is the work of contract's design and execution, and the work of credit environmental construction. The contract's design and execution work, needs to have the specialty credit managers, to compare the high level of enterprises' management, to raise efficiency of the supervision organization. And the credit environmental construction needs to build the highly effective information exchange platform, the right environment of society credit, and to strengthen the enterprises' credit risk management systems and organizational construction.