Font Size: a A A

The Empirical Research About The Effect Of Logistics Enterprise's Financial Efficiency On The Financial Risk Control

Posted on:2012-06-23Degree:MasterType:Thesis
Country:ChinaCandidate:J Z WuFull Text:PDF
GTID:2219330368489469Subject:Logistics Engineering
Abstract/Summary:PDF Full Text Request
The rise of the logistics financial services has brought new opportunities to banks and logistics companies, but it also associated with the corresponding financial risks, how to control the logistics financial risk becomes the primary task of bank and the logistics company. After the Financial Crisis, the logistics enterprises inevitably affected, in this case, the difficulty for the bank to control the logistics financial risk is more harder. Therefore, it is necessary to study the influence of the logistics company on the controlling of logistics financial under the background of financial crisis. From the perspective of financial analysis, the impact of the financial crisis is major on the change of the financial efficiency of the logistics business. So in order to study the influence of the logistics company on the controlling of logistics financial under the background of financial crisis should be mainly from the respect of the impact of the change of the logistics enterprises financial efficiency on the controlling of logistics financial the logistics under the financial crisis.This article select'31 listing of the logistics businesses as research sample, by using multiple linear regression model, focuses on the impact of change of financial indicators of the logistics business logistics on the financial risk control under the financial crisis. Then we receive the conclusion as follows:From the logistics enterprises'profitability perspective, the change of net profit margin rates(NPMRC)of the logistics business before and after financial crisis was negatively correlated with the change rates of the pledge (PR);From logistics companies solvency perspective, the financial crisis, the change rates of cash debt of the logistics companies was negatively correlated with the pledge rates(PR), the change rate of quick ratio and the change rate of the asset-liability ratio were positive correlation with the pledge rate; From the operation of logistics capability, under the financial crisis, the change rate of total asset turnover rate in logistics enterprises were positively correlated with the pledge. Thus, under the background of the financial crisis, the change of the financial indicators of logistics company has significant impact on the financial risk control indicators of logistics. Therefore, when the logistics financial is starting between the banking and the logistics enterprises, they could use changes of financial indicators of logistics company to formulate the risk control indicators, at the same time, it can also help avoiding the financial risks.
Keywords/Search Tags:Logistics financial risk control indicators, Financial crisis, Logistics financial indicate
PDF Full Text Request
Related items