【作者】 赵心宇；

【导师】 杨宜；

【作者基本信息】 北京化工大学 ， 企业管理， 2009， 硕士

【摘要】 中小民营企业是国民经济发展中的一支重要力量,在世界各国的经济发展中都起着战略性作用。我国作为全球最大的发展中国家,中小民营企业的作用和地位更是突出。然而,中小民营企业在得到资金支持方面与其对我国经济发展所作的贡献相比极不相称。中小民营企业融资矛盾越来越突出,已成为制约其发展的“瓶颈”。研究关系型贷款可以为缓解中小企业融资难问题提供一条途径,在理论上,金融中介理论和信贷配给理论为关系型融资提供了基础;在现实中,关系型融资在技术上是对单靠硬信息作为判断企业价值依据的原有信贷模式的必要补充,受我国目前信用体制等环境因素的制约,关系型贷款可以是中小企业成长过程中某一阶段的间接融资模式的一种选择。本文对关系型融资的作用机理进行了研究,强调软信息对信息结构的完善作用,在认同硬信息是银行贷款基本依据的同时,认为软信息是缓解信息不对称的必要补充。通过研究,为银行建立了适应关系型贷款的企业评价模型,并用实际企业的数据予以验证。最后,为我国推动关系型贷款的发展提出了建议。更多还原

【Abstract】 Small and Medium-sized Enterprises (SMEs) are an important factor in national economy and play a strategic role in the economic development of various countries in the world. It is generally agreed among international community of economics and academy that, SMEs will play the leading role in economic development of the 21st century. In China, the greatest developing country in the world, SMEs have a more prominent standing and role. But comparing the contribution to the Chinese economy, the private enterprises, especially SME, received little financial support. It is extremely asymmetrical. The financing contradiction of SME is ore and more outstanding, and have already become the "bottleneck" which restricted its development.Relationship leading is a method to solve small and medium sized enterprises’ finance difficulty. In theory, finance intermediation theory and credit rationing theory are the basis of relationship finance from the bank and small and medium sized enterprises (SMEs) angles. In reality, relationship leading is the supplement to original finance model that the enterprises’ value is only measured by hard information. Under the influence of the present credit environment, relationship finance could be a indirect finance method when SMEs is growing up.This paper does some research on the mechanism of relationship finance. It give some emphasis on the effect of making the information structure perfect caused by soft information. On the basis of thinking that hard information is the basis of making finance decision, the soft information is the supplement to solve asymmetric information problem. Through the study, I make a enterprise evaluation model which suitable for relationship leading, and then, verification the model by the real data of the company. At the end, give some recommendations to improve the relationship leading.更多还原