战略性新兴产业企业债务融资能力指数评价  

Evaluation of Debt Financing Ability Index of Strategic Emerging Industries

作　　者：顾芳睿 李清[1] GU Fang-rui;LI Qing

机构地区：[1]吉林大学商学与管理学院 [2]长春理工大学经济管理学院

出　　处：《科学决策》2023年第9期160-171,共12页Scientific Decision Making

基　　金：国家社会科学基金项目(项目编号:18BGL067);吉林教育厅社科规划项目(项目编号:JJKH20190613SK);长春理工大学青年基金(项目编号:XQNJJ-2016)。

摘　　要：我国金融机构、信用评级机构对融资企业的信贷评价方法不尽相同,其他潜在债权人亦无法参考。因此,建立可比、好推广的融资能力评价方法能帮助缓解资金供需矛盾。以2017-2021年战略性新兴产业上市公司为研究对象,用二次加权因子分析法构建出债务融资能力九个因子指数和总指数,并对产业内上市公司指数情况做评价。研究表明,各地区、行业上市公司债务融资能力质量和数量分布不一致,地区、行业应从短板入手提升企业债务融资能力。Our financial institutions and credit rating agencies have different credit evaluation methods for financing enterprises,and other potential creditors can not refer to them.Therefore,the establishment of a comparable and easy to popularize financing ability evaluation method can help alleviate the contradiction between capital supply and demand.Taking the listed companies in strategic emerging industries from 2017 to 2021 as the research object,nine factor indexes and total indexes of debt financing ability are constructed by using the quadratic weighted factor analysis method,and the index situation of listed companies in the industry is evaluated.The research shows that the quality and quantity distribution of debt financing ability of listed companies in different regions and industries are inconsistent,and the regions and industries should start from the weak points to improve the debt financing ability of enterprises.

关 键 词：二次加权因子分析法 战略性新兴产业 融资能力指数 因子指数 质押融资 

分 类 号：F275[经济管理—企业管理]