分散决策下存货质押融资业务的信贷合约设计  

Research on Credit Contract Design of Inventory Financing Business under Distributed Decision

作　　者：王文辉[1] 冯耕中[1] 苏潇[1] 

机构地区：[1]西安交通大学管理学院,西安710049

出　　处：《复旦学报（自然科学版）》2008年第2期266-272,共7页Journal of Fudan University：Natural Science

基　　金：国家自然科学基金资助项目(70472036);教育部新世纪优秀人才支持计划资助项目(NCET-05-0848)

摘　　要：信贷合约设计是近年来兴起的存货质押融资业务的关键环节.在分散决策条件下分别从信息对称和不对称的假设出发,通过分析利率、贷款限额对企业期望收益的影响逐步得出银行最优的信贷合约设计,并给出了通过信息共享方式消除信息不对称的必要条件.Credit contract design is a key process of inventory financing business rising in China in recent years. Based on the case of distributed decision and asymmetric information, the influence on the company＇ s profit by the rate and the limit of loan is studied,and thus the basic ideas on the optimal eontract design are revealed.

关 键 词：存货质押融资 信贷合约 分散决策 

分 类 号：F830.56[经济管理—金融学]