Study On Capital Chain Risk Prevention And Control Of Municipal Landscaping Enterprises

The 18 th National Congress of the Party and the 19 th National Congress of the Party have made important instructions to the construction of ecological civilization,on this background,a large number of municipal landscaping projects,municipal landscaping industry competition is extremely fierce.However,municipal greening projects need a lot of financial support,if the company’s financial strength is not strong,in the process of project progress,the company’s capital chain is prone to risk.The risk of a company’s capital chain will not only cause operational problems,but also affect the progress of projects,increase the cost of public services,and even affect the national economy and people’s livelihood.Therefore,it is of great significance to study the risk prevention and control of capital chain in municipal landscape enterprises.First,this paper studies the current situation of the capital chain of municipal landscaping enterprises.The present situation is expounded from two aspects of capital source and capital occupation demand.At the same time,the characteristics of capital chain of municipal garden greening enterprises are analyzed.The analysis shows that the capital chain of municipal landscaping enterprises is easy to be affected by economic environment,large capital demand and long turnover cycle,difficult financing and loan,and easy to be affected by irresistible factors.Secondly,it analyzes the capital chain risk sources of municipal landscaping enterprises from macro,medium and micro levels.The analysis shows that the macro-level risks come from policies,regulations and market regulation.The intermediate level of risk comes from the industry environment and regional environment;Micro level risk comes from fund raising,fund use and fund recovery three stages.Thirdly,taking ZZ company as an example,the paper studies the current situation of the company’s capital chain.Through Z scoring model,the risk of the company’s capital chain is evaluated.On this basis,AHP analysis method is used to identify the key factors of the company’s capital chain risk.The research shows that the company’s capital chain is at risk and the risk degree is increasing.The risk mainly comes from the micro level,followed by the medium level,and the macro level has the least influence.Finally,according to the influencing factors of ZZ company’s capital chain risk,the prevention and control strategies of capital chain risk are formulated from three aspects:macro,medium and micro.It is suggested that the company should find a unique way out of the dilemma of policy and law changes at the macro level and take the opportunity of interest rate changes to promote the company’s development and growth.At the intermediate level,core competitiveness should be improved to cope with the competitive environment and insurance mechanism should be introduced to reduce the influence of irresistible factors.At the micro level,we should improve the financing system,control the financing cost,master the pre-judgment of the financing market environment,select attractive projects for financing,control the operation transaction cost,improve the construction technology,enhance the decision-making ability of the senior management,establish accounts receivable files,and evaluate the payment ability of the owner.