中小企业对申请贷款望而却步的原因分析  

Evidence on Borrower Discouragement of SMEs:Effects of Bank-Firm Relationships and Ecological Environment of Finance

作　　者：梁迪[1] 

机构地区：[1]中央财经大学金融学院,北京100081

出　　处：《经济经纬》2014年第5期156-160,共5页Economic Survey

基　　金：教育部人文社会科学研究青年基金项目(10YJC790157);中国博士后科学基金(2012M511737)

摘　　要：笔者利用世界银行投资环境调查的数据,实证分析了中小企业有信贷需求但对申请贷款望而却步的原因。实证结果表明:规模更大、盈利性更好、成长更快的企业不太可能出现对申请贷款望而却步的情况;银企关系是影响中小企业对申请贷款望而却步的重要因素;金融生态(法治环境和诚信文化等)对于银企关系效应的发挥具有显著的促进作用。Using a firm-level dataset from Investment Climate Survey conducted by World Bank, we study the SMEs who are discour- aged from applying for bank loans for reasons. Empirical findings indicate that firms which are larger, more profitable and faster-grow- ing are less likely to be discouraged. We also find evidence that bank-firm relationships have a significant impact on the probability of a firm being discouraged. Further analyses show that this impact is even stronger in cities with better ecological environment of finance.

关 键 词：中小企业 借款者 银企关系 金融生态 

分 类 号：F830[经济管理—金融学]