Applied Mathematics and Nonlinear Sciences
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Journal

Applied Mathematics and Nonlinear Sciences


Volume
& Issue

Volume 9, Issue 1


Published
on

November 18, 2024


Pages


DOI

Article

Security and Risk Control of Enterprise Supply Chain Finance in the Context of Digital Economy

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Authors

Xi Chen Affiliation:
School of Economics and Management, Changchun Finance College, Changchun, Jilin, 130000, China.


Abstract

The widespread application of new-generation information technologies, such as the Internet of Things (IoT), has brought about significant changes in the operating environments of enterprises and the supply chains in which they operate. At the same time, enterprises aim to maximize profits while minimizing enterprise risks. This paper examines the risk assessment of enterprises in supply chain finance based on the relevant literature review. First of all, after combing and defining the relevant applications of digital technology in enterprise risk prevention and control, a Logistic enterprise risk assessment model under supply chain finance is constructed, and the parameters of the model are optimally selected and estimated for testing. The main factors affecting enterprise risk are analyzed from four dimensions: enterprise, core enterprise, financing asset risk and supply chain-related aspects, and a set of index systems suitable for enterprise risk assessment under supply chain finance is established by using correlation analysis, RF and Lasso regression methods. x3, x4, x5, x6, x7, x9 and x15 are negatively correlated with the enterprise risk, and the gross profit margin and the top five customers’ gross profit margin are negatively correlated with the enterprise risk, while sales and profit margin are negatively correlated with the top five customers’ gross profit margin. The correlation between enterprise credit risk and gross margin and the proportion of sales revenue from the top five customers is positive. The accuracy of prediction of the evaluation model is 93.3%. It can be seen that the proposed logistic assessment model is reasonable and effective, and can be practically applied in the security and risk control of enterprise supply chain finance.


Keywords

Logistic model, Lasso regression, Supply chain finance, Risk assessment, 91G50


Citation

Chen, X. (2024). Security and risk control of enterprise supply chain finance in the context of digital economy. Applied Mathematics and Nonlinear Sciences, 9(1). https://doi.org/10.2478/amns-2024-3393
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