Research On Risk And Control Of G Company Equity Pledge

With the continuous development of the market economy,the modern company system has undergone a transformation from a combination of people to a combination of capital,and the development of enterprises requires a large amount of financial support.For many companies,traditional financing methods have been unable to meet their financial needs,but the innovative financing model of equity pledge makes up for the shortcomings of traditional financing methods and is popular in the modern economic market.Since 2014,the equity pledge financing model has shown an explosive growth trend in my country's capital market.However,in recent years,along with the equity pledge behavior of controlling shareholders,events such as the transfer of control rights,the liquidation of pledged equity,and the infringement of the interests of small and medium shareholders have occurred frequently,and the risks of equity pledge have gradually emerged,which has a serious impact on the capital market.A greater impact.Through the analysis of equity pledge cases,the article deeply researches the mechanism of equity pledge risk and puts forward suggestions on equity pledge risk control,which is of great significance to the healthy development of equity pledge business.The content of the article is roughly divided into the following parts:First,the research background and significance of the selected topic are explained,and the literature of domestic and foreign scholars is sorted and summarized from the motivation of equity pledge,risk identification and risk control.Secondly,the article illustrates the concepts and theories involved in equity pledge and the transmission mechanism of equity pledge risk.Furthermore,the case study method is used to introduce the background of the selected case company G company,sort out the process,characteristics and motivations of the equity pledge of G company.And then it analyzes the risks arising from the equity pledge behavior according to the risk classification,and Explain the reasons for the risks.Finally,it evaluates the effect of the measures to control the equity pledge risk of G company,and puts forward risk control recommendations from four perspectives: controlling shareholder,company,pledgee and external supervisory agency based on this.It is hoped that this article can give warnings to other listed companies and their stakeholders in the market,and play a positive role in regulating the pledge of controlling shareholders' equity,and promote the sound development of the capital market.