摘要
时下主流观点强调解决小企业融资难题在于发挥"小银行优势"。然而基于此理论的政策导向与实践,并未有效疏通小企业融资瓶颈。本文以广州、中山、惠州和江门等广东省4个地市调研数据为样本,将金融生态环境要素纳入了不同规模的银行机构面向小企业融资的分析框架之中,探讨不同金融生态环境下,面向小企业融资的大小银行机构的行为差异,实证求解为小企业融资的主力金融机构格局。结果表明,一方面,小企业同大银行机构建立金融关系,更能优化自身的融资约束困境;另一方面,合意的金融生态环境,有助于大银行机构提高小企业的融资境遇。本文的政策含义在于,化解小企业融资难题的最有效金融结构,重在改善金融生态环境,并由此激发大银行机构充分发挥其功能。
The mainstream view emphasizes the ＂small bank advantage＂ to solve the financing problem of SMEs. However, the practice which based on the theory, has not effectively solve small business financing restraint. In this paper, we employ the data of four cities in Guangdong Province including Guangzhou, Zhongshan, Huizhou and Jiangmen, and the financial ecoenvironmental elements are included. We study the behavioral differences of banking institutions for small enterprises financing under different financial ecological environments, and explore the main financial institution structure of SMEs. The results show that, on the one hand, the financial relationship between small enterprises and large banks can optimize their benefit. On the other hand, the desirable financial environment will help large banks to improve the financing situation of SMEs. The implication is that the most effective financial structure to solve the financing problem is to improve the financial ecological environment, and stimulate the big banks to play their functions.
作者
李华民
吴非
廉胜南
韩亚欣
LI Hua-min WU Fei LIAN Sheng-nan HAN Ya-xin
出处
《科学决策》
CSSCI
2017年第9期25-43,共19页
Scientific Decision Making
基金
广东省哲学社会科学“十三五”规划项目(项目编号:GD16CYJ09)
广东省哲学社会科学“十二五”规划共建项目(项目编号:GD15XYJ08)
广东省高等院校创新强校工程之创新研究团队项目(项目编号:2014WCXTD005)
广东区域金融政策研究中心资助
关键词
小企业融资
银行结构
金融生态环境
small business financing
banking structure
financial ecological environment
