A Study on the Framework of Decision Support System for Risk Management -- with an Application in the Risk Management of Loans on Margin Transactions

• Main Author: 許榮望
• Other Authors: 劉家驊
• Format: Others
• Language: zh-TW
• Published: 1996
• Online Access: http://ndltd.ncl.edu.tw/handle/38206099038913660410

碩士 === 國防管理學院 === 資源管理研究所 === 84 === 　　Recently, risk management has been emphasized a lot in enterprise arrangement. The main purpose is to deminish or to eradicade the enterprise resources that the decisions of management may encounter. Because of that, the development of enterprise will keep moving. Decision support system will effectively provide the afore-mentioned analysis and support the relevant decision and evaluation. 　　In the present active stock market, margin transactions forms a high percentage in daily turnover. For the investors, the function of securities finance companies is that they provide sources of loans and securities loans. And by means of margin buying or selling short, the investors will be able to make a profitable investment. 　　For the securities finance companies, there are usually millions or billions of loans circulation gin the market. So, they have to face a high risk and uncertainty. Therefore, it is the most urgent task for securities finance companies to analyze daily statements and with a view to monitoring any abnormal tradings and hence preventing losses. 　　This research tries to replace the work of artificial analysis with the decision support system and is intended to reduce the risk of loans to the lowest extent in order to ensure the normal profits f securities finance companies. 　　Firstly, this research will submit the fundamental frame of the risk control on margin transactions, decision procedures, and the functional frame. Secondly, it explains the design of the decision support system under this frame. Finally, it gives two real examples to testify the flexibility and necessity of this system for risk prevention. It turns out that the design of this system is rather viable. It can not only effectively replace the artificial operations on the stocks, but also ensure the normal profits of securities finance companies. Hence, it is my hope that this decision support system will contribute greatly to the healthy developmant of the securities market.