| Due to the lagging development of China’s financial leasing business,in the case of rapid development of the industry,there is a lack of sound risk control system,a scarcity of the relevant talents and experience,and weak awareness of the risk control.Therefore,Lessees break contracts frequently,and many financial leasing corporations bankrupt.For the vendor financial leasing corporations,the problem is particularly serious.This paper takes A equipment manufacturing corporation as an example to study the risk recognition and risk management measures of the vendor financial leasing business.It proposes risk management measures according to the risk related to the financial leasing business that the corporation faces.This paper adopts the combination of literature research method and case analysis.It takes the financial leasing theory,financial leasing risk and management theory as the main basis of the thesis,and obtains case-related materials through on-site investigation,observation,interview,data collection,etc.of A corporation.Then,this paper qualitatively and quantitatively analyzes the related risks of the corporation’s financial leasing business.In view of the financial leasing risks that Company A faces,this paper proposes internal control systems and measures to reduce risks.Risk control measures include risk prediction,risk warning,risk prevention,risk monitoring,risk locking,risk transferring,risk compensation,risk dispersion and so on.At the company level,external risk management focuses on interest rate risk,tax risk and economic cycle volatility risk.Internal risk management focuses on the establishment of corporation organizational structure,operation risk management,and liquidity risk management.On the other hand,for the risk at the project level,more detailed management measures are developed during the different project phases.In the pre-leasing phase,this paper standardizes the process as five process nodes: project acceptance,project approval,due diligence,Logistic regression analysis of project credit risk and review.The comprehensive verification of the lessee and guarantor can prevent the financial leasing risk;The mid-term lease risk management emphasizes the contract review,pre-shipment review and cargo receipt,loan review;Post-lease risk is mainly controlled from several aspects: leased asset management,lessees risk classification management,and lessees’ breach of contract countermeasures. |
