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在后金融危机时代,面向国际市场的外向型企业尤其需要重视其风险管控,应用金融衍生产品避险不啻为一种很好的手段,因此加强对金融衍生产品应用方面的研究具有一定的现实意义。本文以浙江省部分外向型企业为研究对象,应用Logistic回归分析法,研究企业特征与其应用商业银行金融衍生产品决策的关联。实证结果表明:企业规模、成长力、企业类型等因素与外向型企业应用金融衍生产品的倾向性之间有着较显著的正向关系;负债水平、资产流动性等其他动因虽然在统计水平上并不显著,但在作用力方向上却都符合预期。
In the post-financial crisis era, export-oriented enterprises facing the international market should pay more attention to their risk control and apply the hedging of financial derivatives as a good method, therefore, it is of practical significance to strengthen the research on the application of financial derivatives . In this paper, some export-oriented enterprises in Zhejiang Province as the research object, the application of Logistic regression analysis of corporate characteristics and its application of commercial banks financial derivatives decision-making. The empirical results show that there is a significant positive relationship between the factors such as firm size, growth power, firm type and the tendency of export-oriented firms to apply financial derivative products. Although other factors such as debt level and asset liquidity are statistically significant Not significant, but in the direction of the force but they are in line with expectations.