银行承兑汇票在樟树市中小企业的应用研究

发布时间：2018-05-09 14:36

本文选题：中小企业 + 银行承兑汇票　；参考：《石河子大学》2013年硕士论文

【摘要】：中小企业是我国经济发展的重要增长点,是推动经济发展的重要力量。然而,中小企业面临诸多的生存、发展问题。“融资难”是摆在中小企业面前的首要问题。本文首先介绍了国内外关于中小企业融资理论研究动态,详细阐述了“信贷配给”理论、“关系型信贷”理论、“交易成本理论”和“企业金融周期理论”。其次,介绍了樟树的行业经济特点、中小企业的融资环境和票据市场,阐述了票据市场的定价机制。再次,介绍了樟树银行承兑票据市场和贴现市场的整体情况,并对樟树市中小企业应用银行承兑汇票的行为进行了抽样调查,发现樟树市的中小企业多采用银行承兑汇票工具。是什么促使中小企业应用银行承兑汇票工具?其应用银行承兑汇票的目的是什么?银行承兑汇票在中小企业经营中起什么样的作用?本文结合“信贷配给”理论,“关系型信贷”理论、“交易成本理论”和“企业金融周期理论”基础,对樟树中小企业的应用银行承兑汇票行为展开分析,可以得知制约樟树中小企业发展的最大障碍仍然是“融资难”问题,从樟树中小企业资金供给现状来看,主要还是依靠外源性信贷资金,以当地中小银行提供为主。中小银行提供的信贷产品主要为银行承兑汇票,这是银行承兑汇票融资功能和中小银行经营特点与考核机制共同决定的。由于中小企业在经营中支付工资、支付水电费、支付税款及购买原料对现金的需要,企业获得银行承兑汇票后往往用于贴现,这样票据融资转化为现金融资,满足了企业需求。中小企业选择贴现银行时主要考虑不同银行的票据贴现利率报价孰低原则,实际操作中,樟树中小企业大部分选择异地的贴现机构进行票据贴现。樟树中小企业通过使用银行承兑汇票工具,获得了经营所需资金,满足或者部分满足了企业融资需要。调查发现,樟树中小企业在银行承兑汇票应用环节中存在着不少的风险,这些风险可能危及到银行信贷资金的安全,危及到中小企业的正常经营。本文从几个方面对存在的风险进行了分析和揭示,并进一步的提出了防范和控制风险的一些措施。
[Abstract]:Small and medium-sized enterprises are the important growth point of our country's economic development and the important force of promoting economic development. However, small and medium-sized enterprises are faced with many problems of survival and development. The financing difficulty is the primary problem in front of the small and medium-sized enterprises. This paper first introduces the domestic and foreign research trends of SME financing theory, and expounds in detail the theory of "credit rationing", "relational credit", "transaction cost theory" and "enterprise financial cycle theory". Secondly, the paper introduces the economic characteristics of Zhangshu, the financing environment of small and medium-sized enterprises and the bill market, and expounds the pricing mechanism of the paper market. Thirdly, the paper introduces the whole situation of the acceptance bill market and discount market of Zhangshu Bank, and makes a sample investigation on the application of bank acceptance draft to the small and medium-sized enterprises in Zhangshu City, and finds that the small and medium-sized enterprises in Zhangshu City mostly adopt the bank acceptance bill tool. What prompted SMEs to apply bank acceptance instruments? What is the purpose of applying a bank acceptance bill? What role does the bank acceptance bill play in the operation of small and medium-sized enterprises? Based on the theory of "credit rationing", "relational credit", "transaction cost theory" and "enterprise financial cycle theory", this paper analyzes the bank acceptance behavior of small and medium-sized enterprises in Zhangshu, which is based on the theory of "credit rationing", "relational credit", "transaction cost" and "enterprise financial cycle theory". It can be known that the biggest obstacle to the development of small and medium-sized enterprises in Zhangshu is still the problem of "difficult financing". From the present situation of capital supply of small and medium-sized enterprises of camphor tree, it mainly depends on exogenous credit funds, mainly provided by local small and medium-sized banks. The credit products provided by small and medium banks are mainly bank acceptance bills, which are determined by the bank acceptance bill financing function and the management characteristics and assessment mechanism of small and medium-sized banks. Due to the small and medium-sized enterprises pay wages, pay utilities, pay taxes and purchase raw materials for cash needs, enterprises often receive bank acceptance bills of exchange for discount, so the paper financing is converted into cash financing to meet the needs of enterprises. When small and medium-sized enterprises choose discount banks, they mainly consider the principle of discount interest rate quoted by different banks. In practice, most small and medium-sized enterprises of Zhangshu choose discounted institutions in different places to carry out bill discounting. Zhangshu small and medium-sized enterprises through the use of bank acceptance money order instrument, to obtain the necessary funds to meet or partially meet the financing needs of the enterprise. It is found that there are many risks in the application of bank acceptance draft in Zhangshu small and medium-sized enterprises, which may endanger the security of bank credit funds and the normal operation of small and medium-sized enterprises. This paper analyzes and reveals the existing risks from several aspects, and further puts forward some measures to prevent and control the risks.
【学位授予单位】：石河子大学
【学位级别】：硕士
【学位授予年份】：2013
【分类号】：F275;F832.2

【参考文献】