Research On The Export Credit Risk Management Of T Company

Recent years have witnessed increasing furious competitions on domestic and overseas markets.The credit-oriented sales have become an indispensable measure for Chinese export enterprises to expand overseas markets,enlarge sales volume and stabilize customers.Meanwhile,such enterprises are also confronted with higher export credit risks.Customers default on loans via various reasons,such as bankruptcy,which finally incurs a large number of bad debt losses to export enterprises.Therefore,enterprise credit risk management has gradually become a necessary condition for survivals and developments of modern enterprises.Only strengthening risk awareness and establishing&improving credit risk management mechanisms can guarantee enterprises' stable developments within risk controllable ranges.T Company is a manufacturer of photovoltaic modules and adopts credit sells in exports.As its amount of receivables is huge,T Company demonstrates an urgent demand of credit risk management.According to risk controls,this paper studies export enterprises' credit risk management from the perspective of T Company,in order to provide certain references for other export enterprises on establishing credit risk management systems based on export trade procedures.Based on literature reviews,this paper firstly introduces relevant definitions of export credit risks and main credit risk management modes at present and analyzes T Company's problems in customer risk evaluations and whole-process risk controls from the perspective of T Company's status quo of export credit risk management and in combination with actual cases.Based on the feature analysis model,this paper secondly selects 18 indicators evaluating foreign buyers' credit risks from three levels,including credit and financial features,surface features and priority features,confirms weights of each indicator via analytic hierarchy process(AHP)and establishes credit evaluation systems of foreign customers.Finally,this paper proposes practical and feasible improvement suggestions on further enhancing credit risk controls before,during and after events.The author hopes this paper can provide certain referential values for Chinese export enterprises' credit risk management in foreign trades and assist T Company in improving its credit risk management level in a better way.