中小企业集合债研究述评及研究取向  

A Review of Current Studies on Collective Debt and Research Orientation

作　　者：杨淑娥[1] 王盼[1] 

机构地区：[1]上海对外经贸大学金融管理学院,上海201620

出　　处：《常州大学学报（社会科学版）》2013年第5期36-39,共4页Journal of Changzhou University:Social Science Edition

基　　金：上海市哲学社会科学规划课题(2011SBE001号);上海市重点专业建设项目(J512-01)

摘　　要：中小企业由于自身特点和客观条件所限,面临的融资难等问题一直未能得到有效解决,而中小企业集合债的出现为缓解其融资压力提供了可能性。通过综述有关解决中小企业融资难的可能性、发展现状、担保问题、定价问题以及发展方向等方面的研究,提出了关于中小企业集合债未来发展5方面研究命题,特别是集合债的异质性对中小企业的影响研究,中小企业集合债的定价模型、相关理论及利差影响因素研究,中小企业集合债的运行规律研究,以及研究视角需要从企业主体向行业和市场方面转变等。Collective debt of medium and small sized enterprises means that one institution acts as the initiator, each enterprise is in debt according to the issued share decided by itself. Enterprises apply for issue of bonds together. Bond is a type of enterprise debt. The major features of collective debt of medium and small sized enterpri ses are as follows, unified name; share of debt individually; unified assurance; and collective issue. Since the suc cessful issue of ＂07 Zhongguan Debt＂, collective debt of medium and small sized enterprises has always been con sidered as a financing channel and a major breakthrough to solve the financing problem. Based on the analysis of the former research, this paper evaluates the problems and shortcomings of current research and proposes some per spectives and research orientation.

关 键 词：中小企业集合债 交易型债券风险 定价模型 利差研究 运行规律 

分 类 号：F406.76[经济管理—产业经济]