联系我们

论文查询结果	返回搜索

论文编号：	1957
作者编号：	031850
上传时间：	2010/5/18 16:27:52
中文题目：	工程项目融资中相关利益主体间关系及合同模式选择方法研究
英文题目：	project financing stakeholders risk-sharing contract framework
指导老师：	戚安邦
中文关键字：	工程项目融资 项目相关利益主体 风险分担 合同框架
英文关键字：	project financing stakeholders risk-sharing contract framework
中文摘要：	项目融资是一种以项目的资产和未来收益作为偿还贷款的资金来源和安全保障的融资方式，它以实现有限追索、信用结构多样化、融资方式灵活多样、合理有效的风险分担为特征，正越来越多地被应用于大型工程项目的资金筹集。当前中国经济处于高速发展时期，电力、交通、环保、能源开发等大型工程项目的建设越来越多，这类工程项目规模大、建设周期长、风险高，仅仅运用传统的企业筹资方式已很难满足其日益增长的资金需求。而项目融资作为一种在国际上越来越受欢迎的融资方式，也逐渐在我国的工程项目中得到利用。 工程项目融资涉及的项目相关利益主体众多，他们之间的关系也越来越复杂，并且对项目的期望以及风险的偏好各不相同。项目合同则可以把各相关利益主体之间复杂的关系明确下来，并通过一系列协议和合同文件把项目风险在项目全团队内进行合理分担，从而使得项目融资获得成功。因此对工程项目融资相关利益主体间的关系进行研究，具有一定的理论价值和现实意义。 本文先是提出了工程项目融资相关利益主体的管理理论，在此基础上界定了项目全团队中的各个相关利益主体，包括项目发起人、项目公司、贷款银团、保险公司、供应商、承包商、项目产品使用者、政府、其他项目参与方等；接着从项目融资的四大核心内容——投资结构、融资结构、担保结构、资金结构出发，分析了各种结构中涉及的项目相关利益主体及其之间的关系；然后，本文分析了项目融资中的风险类型，指出了在工程项目融资中，正是合同把项目相关利益主体联结在一起并有效地分担了项目的各类风险；最后提出了选择项目合同类型的策略，结合我国工程项目融资实例给出了工程项目融资的合同框架结构设计，并指出我国政府尚需要进一步完善项目融资法规体系。
英文摘要：	Project financing is a method of returning funds through the assets of project and future income, which features limited-recoursing, diversified credit structure, flexible financing, reasonable and effective risk-sharing. It has being increasingly applied to the funding of large projects. China's economy develops rapidly currently, and there are more and more electricity, communications, environmental protection, energy exploring and other large construction projects. Such projects are large in scale, long life cycle, and high risk. It has been difficult to meet their growing demand for funds by the traditional method of financing. In the world project financing has become increasingly popular as a means of financing, and it has gradually been used in domestic projects. There are numerous stakeholders involved in project financing, and the relationship between them is complex. Their expectations for the project vary, as well as risk preferences. Project risks can effectively and reasonably be shared by the whole team through a series of agreements and contract documents. Thus project financing can succeed. Therefore the paper has fairly theoretical and practical significance. At first this paper illustrates the whole team management theory. The whole project team includes project sponsors, project companies, syndicated lending, insurance companies, suppliers, contractors, project product users, government and other project participants. Then it analyses the relationship between the stakeholders from the perspective of four core elements of project financing -- investment structure, financing structure, security structure, and capital structure. Furthermore this paper analyses the type of project risks. The whole project team was combined as an entity through contracts to achieve successful risk-sharing. Finally it gives the strategy to select project contract type and the method to design the contract framework. Our government still needs to further improve the legal system for project financing.
查看全文：	预览  下载(下载需要进行登录)