5. Opportunistic behavior
Opportunistic behavior means that people do business email list not disclose all information completely and truthfully and engage in other behaviors that harm others and benefit themselves under the condition of information asymmetry. Generally, false or empty, unreal threats or promises are used for personal gain. Such as false advertising, patent plagiarism, tax evasion, breach of contract, lazy behavior, etc.
In fact, it is an academic term for harming others and benefiting oneself.
In the risk control design of supply chain finance, efforts should be made to avoid the occurrence of opportunistic behavior.
6. The "six modernizations" principle of risk control
Business closure, vertical management, self-payment of income, transaction informatization, risk structuring and reputational capitalization.
The verticalization of management can be understood from two aspects: one is the management between enterprises in the supply chain, which is reflected in the design of the organization; the other is the management within the enterprise in the supply chain, which is reflected in the setting of functions.
The management between enterprises, business approval and business operations cannot be the same enterprise. They must be separated from each other and check each other to prevent enterprises from blindly expanding their business. The same enterprise cannot be both an athlete and a referee to prevent guarding and stealing. In the management of the enterprise, the development department, the operation department and the inspection department of the financial business should be separated from three powers.