中小企业集合债券融资机制的完善  

The Improvement of Assembly Bond Financing Mechanisms for SMEs

作　　者：曾江洪[1] 许金杰[1] 

机构地区：[1]中南大学商学院,湖南长沙410083

出　　处：《财务与金融》2010年第3期13-16,共4页Accounting and Finance

基　　金：湖南省中小企业研究中心"湖南省发行中小企业集合债券模式与机制研究"课题成果之一。课题负责人:陈晓红;课题组成员:曾江洪;周平;许金杰;俞岩;雷黎涛;刘欣等

摘　　要：中小企业集合债券是我国独有的一种新型融资方式,但其因发行主体复杂、集合企业筛选不规范、担保难等问题,暂时未能广泛推行。本文在对中小企业集合债券现状调研的基础上,通过分析当前集合债券融资机制存在的不足,提出加快制定相关政策法规、推动担保行业结构调整、降低准入门槛和优化发债企业的组合设计等措施,以完善中小企业集合债券的融资机制。Assembly bond for small and medium enterprises（SMEs） is a unique new type of financing method in China,but there still exist some problems for the bond,such as complexity of issuing bodies,screening of non-standard assembly business and difficulties in guarantee and so on,which has resulted in the failure of its large-scale implementation.Based on the investigation on current situation of SMEs assembly bond and through analysis of the current shortcomings of assembly bond financing mechanisms,this paper proposes that improvements are needed in accelerating the development of relevant policies and regulations,promoting security sector restructuring,reducing the access threshold and optimizing of portfolio design of assembly business,in order to improve financing mechanisms of SMEs assembly bond.

关 键 词：中小企业 集合债券 金融创新 企业融资 

分 类 号：F27[经济管理—企业管理]