Research On Risk Identification And Control Of Sichuan S Financing Guarantee Company

As the foundation and cornerstone of our national economy,small-and mediumsized enterprises(SMEs)have always shouldered the crucial responsibility of bolstering economic growth and stabilizing employment.However,their scale limitation and low credit rating make it difficult for SMEs to obtain sufficient credit funds from financial institutions,which drastically constrains the development of these enterprises.And that’s where financing guarantee institutions fit in-they are capable of providing credit enhancement for the financing of those SMEs.Therefore,the emergence of financing guarantee institutions has significantly eased and alleviated the difficulties faced by SMEs.That being said,the financing guarantee industry in China has a late start and runs a single business model.In addition,its conservative style and lack of experience in identifying and preventing risks,as well as the insufficient exploring and research in risk identification and control collectively create many obstacles to the development of financing guarantee institutions.Sichuan S Financing Guarantee Company is a state-owned AAA-level financing guarantee company registered in Chengdu.In recent years,the company has gone through several guarantee compensatory cases,which makes the refinement and improvement of its ability in risk identification and risk control the top priority of S Financing Guarantee Company.Therefore,the main purpose of the thesis is to explore how to improve and optimize the company’s risk identification methods and control strategies.For starter,the thesis conducts a systematic recap of the relevant international and domestic academic works and theories.Secondly,the thesis analyzes and assesses the status quo of China’s financing guarantee industry.Then,the thesis makes a thorough analysis of the specific situation of the guarantee risk of Sichuan S Financing Guarantee Company,shedding light on its problems in risk identification and control.Lastly,tangible and pragmatic measures are proposed accordingly to optimize S company’s risk identification and risk control strategies.The thesis holds that S company should make the most of information technology such as reinforcing the company’s competence in data collection,to achieve a great leap in its improvement of risk identification.Concurrently,the thesis believes “two swords” should be equipped for the establishment of a policysupported financing guarantee system,so as to upgrade S company’s risk control ability.One sword is the integrated guarantee system composed of the National Financing Guarantee Fund,the re-guarantee institution and the financing guarantee institution.The other is regional policy-supported financing guarantee institutions established in urban areas with better economic conditions.The main innovative value of the thesis lies in its thorough investigation and reflection on the deficiencies in the existing risk identification system and risk control methods of Sichuan S Financing Guarantee Company.Furthermore,its utilization of risk control theory,information economics theory as well as other relevant theories functions efficiently in rolling out a series of conducive measures so as to bring the company’s risk identification and risk control capability up to a whole new level.The essential application value of the thesis lies in the fact that the proposed measures in terms of elevating the risk identification and risk control capabilities of S company shall help to refine and optimize its corresponding business risk management mechanism and system to a certain extent.Meanwhile,with the help of measures promoted in the thesis,S company’s risk-resistant competence will be strengthened holistically,ensuring a solid and sustainable development.