Nội dung được dịch bởi AI, chỉ mang tính chất tham khảo
Tăng cường tài chính cho các nhà cung cấp nhỏ và vừa bằng cách sử dụng factoring đảo ngược: phân tích lý thuyết trò chơi
Tóm tắt
Factoring đảo ngược, một sơ chế tài chính trong đó các nhà bán lẻ đã được khẳng định hỗ trợ tài chính cho các nhà cung cấp, đang trở thành một công cụ ngày càng quan trọng trong ngành công nghiệp. Thông thường, một nhà cung cấp SME, một nhà bán lẻ cốt lõi và một ngân hàng tham gia vào sơ chế factoring đảo ngược. Một trò chơi Stackelberg ba cấp được đề xuất trong nghiên cứu này nhằm điều tra sự tương tác của các bên tham gia. Cân bằng dạng đóng của quyết định tiếp tế của nhà bán lẻ, quyết định điều khoản thanh toán của nhà cung cấp và quyết định tài chính của ngân hàng được rút ra từ mô hình lý thuyết. Theo chúng tôi biết, nghiên cứu này là nỗ lực đầu tiên xem xét các ngân hàng và nội sinh hóa lãi suất của họ trong việc mô hình hóa factoring đảo ngược. Sơ chế factoring đảo ngược được so sánh với các khoản vay thương mại và factoring truyền thống. So với các khoản vay thương mại, việc giới thiệu factoring có thể làm giảm rủi ro tín dụng, nhưng rủi ro gian lận vẫn tồn tại. Factoring đảo ngược giải quyết vấn đề gian lận này và giảm thêm chi phí tài chính cho nhà cung cấp. Do đó, factoring đảo ngược mang lại lợi ích cho nhà bán lẻ thông qua việc gia hạn thanh toán đáng kể mà nhà cung cấp cấp cho họ. Các kết quả số cũng chỉ ra rằng lợi ích của ngân hàng cải thiện đáng kể từ 8-50% dưới các mức độ rủi ro vỡ nợ khác nhau so với factoring truyền thống. Nghiên cứu của chúng tôi cung cấp động lực và hướng dẫn cho các bên tham gia chuỗi cung ứng áp dụng những sơ chế như vậy khi đối mặt với các hạn chế về vốn và rủi ro tín dụng của nhà cung cấp.
Từ khóa
#factoring đảo ngược #nhà cung cấp nhỏ và vừa #rủi ro tín dụng #lý thuyết trò chơi #chuỗi cung ứngTài liệu tham khảo
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