企业集团是现代企业在激烈的市场竞争中高度发展的产物，它是在规模经济、范围经济 效应以及垄断竞争优势的驱动下，对单体大企业组织结构进行创新的结果，它有利于降低企 业生产经营成本、降低经营风险、实现产业升级及经营转向、有利于增加资金利用率，推动 科技发展、资源利用率，企业集团在各国社会经济生活中有着举足轻重的地位。随着企业规 模的扩大，组织结构的复杂，对参、控股公司的风险控制问题己成为困扰各大企业集团的难 题。因此，如何能够在集团规模扩大、所属成员行业又不尽相同的情况下，对整个企业集团 的风险进行充分、高效的管理和分析，以优化配置集团各种资源，使各个层面的使用者能够 做出正确的决策。 本文以风险管理理论为基础，基于对H公司基础资料的收集和整理，从H公司总部、 H公司投资的平台公司以及H公司的风险管理框架三个方面梳理了H公司的发展现状。随 后从风险识别、风险衡量以及风险处理三个方面的剖析了H公司在风险管理中存在的问题， 并通过问卷调查验证了相应的结论。为了着力解决H公司在风险管理中出现的相应问题， 本文主要从风险管理组织结构、风险管理流程（包括授信和用信两个流程）、风险管理关键 指标以及风险管理内部审计制度四个方面来进行优化。最后，为了H公司的风险管理得以保 障，本文提出了一系列的保障措施：提升H公司的风险管理人员素质、建设H公司的信息化 平台、建设H公司的信用评价机制以及在H公司树立全面风险管理的理念。 关键词：平台投资，风险管理，风险识别，风险衡量，风险控制 H公司投资平台的风险管理研究 II ABSTRACT Enterprise group is a modern enterprise in the fierce market competition, the product of highly developed, it is in the scale economy, scope economy effect and the driving of the monopoly competitive advantage, the results of single big enterprise organization structure innovation。It is helpful to reduce the enterprise production and operation cost, reduce the management risk, steering, to achieve industrial upgrading and management is beneficial to increase the utilization rate of capital, promote the development of science and technology, resource utilization, enterprise group holds an important place in social economic life. With the expansion of the enterprise scale and the complexity of the organizational structure, the risk control of the participating and holding companies has become a difficult problem for the major enterprise groups. Therefore, how to fully and efficiently manage and analyze the risks of the whole enterprise group in the case of the expansion of the group scale and the different member industries, so as to optimize the allocation of various resources of the group and enable users at all levels to make correct decisions? Based on the risk management theory and based on the collection and sorting of the basic data of H company, this paper summarizes the development status of H company from three aspects: the headquarters of H company, the platform company invested by H company and the risk management framework of the investment platform of H company. Then it analyzes the problems of H company in risk management from three aspects of risk identification, risk measurement and risk treatment, and verifies the corresponding conclusions through questionnaire survey. In order to solve the corresponding problems of H company in the risk management of investment platform, this paper mainly optimizes the risk management organization structure, risk management process (including credit granting and credit using), risk management key indicators and risk management internal audit system. Finally, in order to ensure the risk management of the investment platform of H company, this paper proposes a series of safeguard measures: improving the quality of the risk management personnel of H company, building the information platform of H company, building the credit evaluation mechanism of H company and establishing the concept of comprehensive risk management in H company. Key words: Platform investment, Risk management, Risk identification, Risk measurement, Risk control 南京航空航天大学硕士学位论文 III 目录 第一章 绪论 ................................................................................................................................... 1 1.1研究背景及意义 ......................................................................................................... 1 1.1.1 研究背景 ......................................................................................................... 1 1.1.2 研究意义 ......................................................................................................... 1 1.2国内外相关研究现状综述 ......................................................................................... 2 1.2.1国外研究现状 .................................................................................................. 2 1.2.2国内研究状况 .................................................................................................. 3 1.2.3文献述评 .......................................................................................................... 5 1.3研究目标与内容 ......................................................................................................... 5 1.3.1研究目标 .......................................................................................................... 5 1.3.2研究内容 .......................................................................................................... 6 1.4 研究方法与技术路线 .............................................................................................. 6 1.4.1 研究方法 ....................................................................................................... 6 1.4.2 技术路线 ....................................................................................................... 7 第二章 风险管理的相关理论概述 ............................................................................................... 8 2.1风险管理的含义 ......................................................................................................... 8 2.1.1风险管理目标方面 .......................................................................................... 8 2.1.2管理风险的性质方面 ...................................................................................... 8 2.1.3风险管理流程方面 .......................................................................................... 8 2.2风险管理的目标 ......................................................................................................... 8 2.2.1损失前的目标 .................................................................................................. 8 2.2.2损失后的目标 .................................................................................................. 9 2.3风险管理的框架 ......................................................................................................... 9 2.4风险管理的程序和方法 ............................................................................................. 9 2.4.1风险识别 .......................................................................................................... 9 2.4.2风险衡量 ........................................................................................................ 10 2.4.3风险处理 ........................................................................................................ 11 2.4.4风险检查和风险评价 .................................................................................... 11 第三章 H公司的发展现状分析 ................................................................................................. 12 3.1 H公司的基本情况 ................................................................................................... 12 3.1.1H公司的组织框架 ......................................................................................... 12 3.1.2H公司的主营业务 ......................................................................................... 12 H公司投资平台的风险管理研究 IV 3.1.3H公司的经营模式 ......................................................................................... 13 3.1.4H公司的经营情况 ..................................................................................