基于关系型贷款的中国小微企业融资研究

发布时间：2018-05-17 01:26

本文选题：小微企业 + 融资困境　；参考：《武汉理工大学》2013年硕士论文

【摘要】：长期以来,小微企业为国民经济的发展做出了突出的贡献,是国民经济发展的重要驱动力。但是小微企业得到的资金支持却与其贡献极不匹配,融资困难一直是其生产和发展的瓶颈。小微企业最重要的融资方式是间接融资,但小微企业的银行融资状况却不容乐观。我国大部分地区的小微企业,能从银行融资的很少,而且其贷款利率明显高于基准利率,小微企业基本上处于无法取得贷款、用不起贷款的融资困境之中。小微企业的融资困境主要是由银企之间存在的信息不对称造成的,关系型贷款作为一种特殊的贷款技术,能够有效缓解银企之间的信息不对称。因此,研究关系型贷款对中国小微企业融资的改善有很强的理论意义和现实意义。本文从中国小微企业融资状况的概述入手,分析中国小微企业融资的影响因素,然后对中国小微企业发展关系型贷款的可行性进行分析,其次在可行性分析的基础上,运用一个动态两期模型,对中国小微企业和银行发展关系型贷款的成本和收益进行探讨和分析,最后提出小微企业发展关系型贷款的对策和建议。本文得到的结论主要包括：首先,影响小微企业融资的最关键的因素是银企间信息不对称,关系型贷款时缓解信息不对称的有效贷款技术；其次,中国小微企业发展关系型贷款具有一定的可行性；最后,关系型贷款能在降低小微企业的融资成本的同时提高小微企业融资的可得性和收益。本文的创新点主要在于(1)基于关系型贷款研究小微企业融资的研究到目前为止较少,而且学者未对小微企业发展关系型贷款的可行性进行研究,论文探讨了小微企业发展关系型贷款的可行性,完善了基于关系型贷款小微企业融资的研究。(2)论文在对小微企业关系型贷款成本和收益进行比较分析时,运用了一个动态两期模型,通过模型分析得出关系型贷款能够提高小微企业贷款的可得性并且降低融资成本,能较好的运用于研究小微企业融资难问题。
[Abstract]:For a long time, small and micro enterprises have made outstanding contributions to the development of the national economy and an important driving force for the development of the national economy. However, the financial support obtained by small and micro enterprises is very inconsistent with their contributions. The financing difficulties have always been the bottleneck of its production and development. The most important financing way for small and micro enterprises is indirect financing, but small and micro enterprises The financing situation of the bank is not optimistic. The small and micro enterprises in most of our country can finance very little from the bank, and the interest rate of the loan is obviously higher than the benchmark interest rate. The small and micro enterprises are basically in the plight of financing that can't be borrowed and can't afford to borrow. The financing dilemma of small and micro enterprises is mainly the information between the banks and enterprises. Asymmetric loans, as a special loan technology, can effectively alleviate the information asymmetry between banks and enterprises. Therefore, it is of great theoretical and practical significance to study the relationship loan for the improvement of the financing of small and micro enterprises in China.
This paper, starting with the overview of the financing situation of China's small and micro enterprises, analyzes the factors affecting the financing of small and micro enterprises in China, and then analyzes the feasibility of developing the relational loans for small and micro enterprises in China. Secondly, on the basis of the feasibility analysis, a dynamic two phase model is applied to the development of the relationship loans of small and micro enterprises and banks in China. In the end, the conclusion of this paper mainly includes: first, the most important factors that affect the financing of small and micro enterprises are the asymmetric information between banks and enterprises, the effective loan technology that alleviated the asymmetric information when the relational loans were used; secondly, the small and micro enterprises in China In the end, relational loans can reduce the financing cost of small and micro enterprises and improve the availability and benefit of small and micro enterprises' financing at the end.
The main innovation points of this paper are (1) the research on the financing of small and micro enterprises based on the relationship based loan is less so far, and the scholars have not studied the feasibility of the development of the relational loans for small and micro enterprises. The paper discusses the feasibility of the development of the relational loans for small and micro enterprises, and improves the financing of small and micro enterprises based on the relationship type loan. (2) in the comparison and analysis of the cost and income of small and micro enterprises, the paper uses a dynamic two phase model, through the model analysis that the relationship loan can improve the availability of small and micro enterprise loans and reduce the cost of financing, and can be better used to study the financing difficulties of small and micro enterprises.
【学位授予单位】：武汉理工大学
【学位级别】：硕士
【学位授予年份】：2013
【分类号】：F275;F276.3;F832.4

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