专业学位硕士学位论文
A 公司公交融资租赁业务风险管理策略研究
Research on Risk Management of A Company’s Public
Transportation Financial Leasing Business
作 者 姓 名： 冯越
学科、 专业： 工商管理
学 号： 41911517
指 导 教 师： 周颖
完 成 日 期： 2021 年 12 月 2 日
大连理工大学
Dalian University of Technology
大连理工大学学位论文独创性声明
作者郑重声明：所呈交的学位论文， 是本人在导师的指导下进行研究
工作所取得的成果。尽我所知，除文 中已经注明引用内容和致谢的地方外，
本论文不包含其他个人或集体已经发表的研究成果，也不包含其他已申请
学位或其他用途使用过的成果。与我一同工作的同志对本研究所做的贡献
均已在论文中做了明确的说明并表示了谢意。
若有不实之处，本人愿意承担相关法律责任。
学位论文题目： A 公司公交融资租赁业务风险管 理策略研究
作 者 签 名 ：日期： 2021 年 12 月 2 日
大连理工大学专业学位硕士学位论文
摘 要
融资租赁是第二次世界大战后金融创新的时代产物，相对于传统融资方式，融资租
赁具有明显优势。近年来，融资租赁得到了迅猛发展，成为仅次于银行信贷的第二大融
资方式。中国的融资租赁业起步较晚，但发展迅速，存量业务总量已经稳居全球第二位。
然而，随着全球贸易摩擦加剧、新冠疫情蔓延，以及国内供给侧结构性改革、持续去产
能、降杠杆的影响，国内经济发展增速放缓，融资租赁公司面临的风险逐年上升。如何
应对复杂多变的市场环境，提高风险管理水平，是租赁公司如何生存和全行业可持续发
展的关键。
随着国内新能源公交车辆更新力度不断加大，智慧公交系统建设需求旺盛，融资租
赁的业务模式与行业需求的契合度较高，公交融资租赁业务呈现逐年增长态势。本文以
A 公司为研究对象，在对融资租赁行业发展、公交行业融资租赁发展以及融资租赁相关
风险管理理论梳理的基础上，从风险管理的事前控制、事中控制和事后控制三个阶段着
手，对 A 公司公交融资租赁业务的风险管理现状进行分析，发现A 公司仍沿用传统融
资租赁业务方式来开展公交融资租赁业务，存在风险识别能力欠佳、风险衡方法区分度
低、风险评价标准过于宽泛和风险应对措施不足四方面的问题。
针对上述问题，本文采用文献资料法、案例分析法和总结归纳法进行分析，从 A 公
司倡导的专业化经营角度出发，提出了本文的研究思路和框架。运用风险管理流程理论、
德尔菲法等理论和方法，提出实施专业团队经营模式、完善公交行业风险管理制度规范、
优化信用评分方法和丰富项目增信措施四项风险管理策略，并提出建设专业人才团队和
强化全员租后管理风险意识两点保障性建议，以确保风险管理策略的施行。本文提出的
相关风险管理策略，旨在提升 A 公司公交融资租赁业务的风险管理水平，帮助 A 公司
实现战略转型，对 A 公司其他业务领域的专业化经营能力提升也有一定的参考价值，同
时对其他融资租赁公司相关领域的研究也有一定的借鉴意义。
关键词：风险管理；公交融资租赁业务； 融资租赁
- I - A 公司公交融资租赁业务风险管理策略研究
Research on Risk Management of A Company’s Public Transportation
Financial Leasing Business
Abstract
Financial leasing is an era product of financial innovation after the Second World War.
Compared with traditional financing methods, finance lease has obvious advantages. In recent
years, finance lease has developed rapidly and become the second largest financing method
after bank credit. China;s financial leasing industry started late, but it develops rapidly, and the
total amount of existing business has become the second in the world. However, with the
aggravation of global trade frictions and the spread of COVID-19, as well as the impact of
China;s supply-side structural reform to continue to reduce capacity and leverage, the domestic
economic growth has slowed down, and the risks faced by finance leasing companies have
increased year by year. How to cope with the complex and changeable market environment and
improve the level of risk management is the key to the survival of leasing companies and the
sustainable development of the whole industry.
In recent years, the renewal of new energy bus vehicles in China has been increasing, the
construction of smart public transportation system is in great demand. Financial leasing is in
high agreement with the needs of smart public transportation system, and the financial leasing
business of public transport shows a trend of annual growth. On the basis of sorting out the
development of financial leasing industry, financial leasing development of public
transportation industry and related risk management theories of financial leasing, taking
company A as the research object, this thesis analyzes the risk management status of company
A from the three stages of pre-event control in-event control and post-event control, It is found
that the current risk management mode of company A is not suitable for the public transport
industry, and further points out that there are four prominent problems in company A, namely,
poor risk identification ability, low differentiation of risk balance method, excessively broad
risk evaluation standard and insufficient risk response measures.
In view of the above problems, this thesis adopts literature method, case analysis method
and summary induction method to analyze, and in the perspective of professional operation
advocated by A Company, puts forward the research ideas and framework. Using the risk
management process theory, Delphi method and other theories and methods, come up with the
implementation of professional team business model, improve the public transport industry risk
management system, standardize the optimization of credit scoring methods and enrich the
- II -
大连理工大学专业学位硕士学位论文
project credit enhancement measures four risk management strategies, and propose two
suggestions to ensure the implementation of risk management strategies. The relevant risk
management strategies proposed in this thesis are aimed at improving the risk management
level of A Company;s bus financial leasing business, and have certain reference value for the
improvement of A company;s business ability in other professional fields, as well as for the
research of other financial leasing companies in related fields.
Key Words：Risk Management; Public Transportation Leasing; Financial Leasing
- III -