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信息披露、市场失灵与中小企业融资困境 被引量:2

Information Revelation, Market Ineffectiveness and Financing Dilemma of Small and Medium-sized Enterprises
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摘要 融资困难已成为当前严重影响我国中小企业发展的重要原因。之所以如此,是因为中小企业的信息结构特点所决定的信息披露边际成本过高和资金市场供方和需方引起的市场失灵两方面原因造成的,要改变这种困境,除政府在宏观政策上给予支持外,更重要的是中小企业必须提高自身的制度化、管理化水平。 The financing problem has become an important factor, which is exerting serious influence on the development of China's small and medium-sized enterprises. The paper holds that this dilemma is due to the over-high marginal cost of information revelation and market ineffectiveness resulting from suppliers and demanders of fund market.
出处 《天水师范学院学报》 2004年第6期42-44,共3页 Journal of Tianshui Normal University
关键词 信息披露 市场失灵 融资 中小企业 财务制度 information revelation market ineffectiveness financing dilemma
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