金融租赁公司风险管理体系构建初探  

Study on Financial Leasing Company's Risk Management System

作　　者：王筝[1,2] 

机构地区：[1]中央财经大学博士后流动站,北京100081 [2]中国长城资产管理公司博士后工作站,北京100045

出　　处：《中央财经大学学报》2015年第3期47-54,共8页Journal of Central University of Finance & Economics

摘　　要：笔者重点讨论了金融租赁公司"资产+信用"风险管理体系的建立。为探讨此问题,首先比较了金融租赁业务与银行信贷业务在交易结构、资产属性、定价关系等方面的不同,指出租赁资产是租赁业务和信贷业务最基本的区别。在此基础上,分析了金融租赁业务的一般风险和特殊风险,并对金融租赁业务的特殊风险即资产风险进行了定义。基于租赁业务的风险特征,笔者创新性地提出,租赁公司应借鉴银行信用评级原理,结合租赁公司业务特点,探索租赁资产风险评级方法,建立"资产+信用"的风险管理体系;并对建立该体系的初步框架、建立方法和步骤、流程设计、后期应用等做出了探讨。最后,提出在"资产+信用"体系下,金融租赁公司应制定风险管理发展规划,从短、中、长期三个阶段,有序地推进风险管理能力的提升。This thesis focuses on establishing＂Asset Credit＂risk management system of financial leasing companies. To reach that purpose,it compares the differences of financial leasing business and bank credit business including transaction structure,asset attribute,pricing mechanism,etc,points out that the leased asset is the essential difference between these two businesses. On that basis,the thesis analyzes general risk and special risk of financial leasing business,and defines the specific risk of financial leasing busines,namely asset risk. According to characteristic of leasing business,the thesis also proposes that leasing company should draw lessons from credit rating theory,combined with the characteristics of leasing business,explore the leased asset risk rating method and set up ＂Asset Credit＂risk management system. It also discusses the system＇s framework,method,process,working flow,final-period applications and so on. Finally,the thesis proposes that financial leasing companies should make risk management development plans and improve ability of the risk management orderly from short-term,medium-term and long-term perspectives.

关 键 词：金融租赁 风险特征 资产风险 “资产+信用”风险管理体系 

分 类 号：F832.39[经济管理—金融学]