Research On Risk Management Of Guarantee Of Xinjiang MDHS Finance Guarantee Corporation

With the development of market economy reform,the private ownership economy is becoming more and more important in the market,but the weakness of the natural foundation of the private ownership economy is an important factor that restricts its further development.At the same time,due to various reasons,traditional commercial banks also tend to cooperate with large enterprises with strong state-owned capital background,and medium and small-sized enterprises are not favored at all.In view of the financing difficulties of small and medium-sized enterprises,China has made various explorations on the financing channels.At the end of the 1990 s,China began to develop the guarantee industry,guarantee institutions have played an important role in helping small and medium enterprises to establish credit concept,broaden financing channels and improve financing environment for small and medium enterprises.Moreover,the content and form of the guarantee business determines that the guarantee industry belongs to the high-risk field,after a period of fierce competition,survival of the fittest,the threshold of employment has also increased.However,due to the relatively late start and slow development in developed countries of China's guarantee industry,the legal basis,economic policies and theoretical research of this industry are also insufficient,and in the face of increased guarantee risks,many aspects of risk management,such as the proliferation of risk types,are still lacking.Accordingly,.It is of great significance for the healthy development of the guarantee industry and the sustainable development of the local economy to study the risk management field and improve the risk management ability of the guarantee industry.This research adopts the method of combining theory with case study to carry on the research analysis,on the basis of fully reading and drawing on the opinions and suggestions of domestic and foreign experts and scholars,taking XinJiang MDHS Financing Guarantee Company as the research object,firstly,it summarizes the concept and characteristics of guarantee,guarantee risk and credit,and reviews the risk management at home and abroad.Secondly,it introduces the company's Development History,business status and risk management system,finally,the paper analyzes the risks faced by the company in the form of cases,and puts forward the corresponding countermeasures for the problems existing in the risk management of the company from the perspective of reducing risks.On the one hand,it needs to innovate in the field of business,external cooperation and so on,to spread or transfer the risk.On the other hand,it is necessary to establish a set of effective early warning and preventive measures to avoid the influence of human factors on Project Risk Review.Through the above research,the purpose is to further improve the company's risk management system,hope to provide some constructive countermeasures and suggestions for the company.