银企关系重构与信贷市场有效竞争——基于日照市新型主办银行制度的实证研究  

Reconstruction of Bank Enterprise Relationship and Effective Competition in Credit Market——An Empirical Study on the New Host Bank System in Rizhao

作　　者：李岩柏[1] 王传会 王学伦[1] 刘焕鹏 Li Yanbai;Wang Chuanhu;Wang Xuelun;Liu Huanpeng

机构地区：[1]中国人民银行日照市中心支行 [2]曲阜师范大学

出　　处：《金融发展评论》2019年第9期79-93,共15页Financial Development Review

摘　　要：日照市经过近五年的探索,形成了相对完善的新型主办银行制度。该制度在优化银企关系、缓解信息不对称、改进金融服务、防控信贷风险等方面发挥了积极作用。本文在对日照市新型主办银行制度总体考察的基础上,利用2015—2018年357家主办银行签约企业的财务数据,运用双重差分法对新型主办银行制度的有效性进行了实证检验。实证分析发现,新型主办银行制度具有缓解小微企业融资难融资贵的显著效果,实现了提高金融配置效率、降低市场交易成本、减少企业资金链非正常波动、防范金融风险等多重目标。After nearly five years of exploration,Rizhao City has formed a relatively complete new type of hosting bank system.The system has played an active role in optimizing bank-enterprise relations,alleviating information asymmetry,improving financial services,and preventing and controlling credit risks.Based on the overall inspection of the new sponsoring bank system in Rizhao,this paper uses the financial data of 357 sponsoring companies contracted from 2015 to2018 to use the double difference method to empirically test the effectiveness of the new sponsoring bank system.Empirical analysis found that the new hosting bank system has a significant effect of alleviating the difficulty of financing small and micro enterprises,and has achieved multiple goals such as improving the efficiency of financial allocation,reducing market transaction costs,reducing abnormal fluctuations in corporate capital chains and preventing financial risks.

关 键 词：银企关系 信贷管理制度 主办银行 实证研究 

分 类 号：F832.4[经济管理—金融学] F279.27