供应链金融的融资成本分析  

Analysis of the Cost of Supply Chain Finance

作　　者：苏志鹏[1] 

机构地区：[1]广东工程职业技术学院外语经贸学院,广东广州510520

出　　处：《管理观察》2016年第4期149-153,共5页Management Observer

摘　　要：供应链金融的融资成本主要是指借贷利率以及融资成本率的确定。本文在前人研究基础上,增加了商业银行计提存款准备金、融资成本率量化计算和存在协同优化效应这三个假定,通过推导给出了在一般意义下供应链联盟成立的条件,即协同优化效应系数应小于核心企业的融资成本率占系统整体融资成本率的比重,同时还具体给出了在仓单质押模式下的联盟的成立条件。实证结论是:在当前政策环境下整个社会建立供应链金融联盟是成立的。The problem of the cost of supply chain is how to determine the credit rate and the financing cost rate.On the basis of previous studies,we increased three assumes,which are the deposit reserve requirement for the commercial banks,the quantitative analysis formula of the financing cost rate,and existing the collaborative optimization effect.We have obtained the construction condition of the league of supply chain finance,which is the coefficient of collaborative optimization effect must less than the ratio of the core enterprise of the system＇s overall financing cost rate.And then,we also find the construction condition of league under the warehouse receipts finance model.At the end,the empirical analysis shows that the establishment of the supply chain financial league is tenable in the current policy environment.

关 键 词：供应链金融 融资成本 仓单质押模式 

分 类 号：F832.51[经济管理—金融学]