摘要
造成中小企业融资困难的原因来自两个方面:一是内部障碍,即来自于中小企业群体的普遍的信用缺失、产权模糊,与大企业比,严重的信息不透明、不对称;二是外部障碍,即来自于现行金融体制方面的障碍,表现为缺乏支持中小企业发展的金融服务体系。创造性地解决问题的关键是遵循中小企业成长及其金融周期规律,提高其自身融资能力,构筑多元化复合共生的金融服务体系:一是以建立民营中小银行为主的间接融资体系;二是以建立地方区域性小型资本市场为主的多层次直接融资体系。
The reasons which make （SMEs） small ＆ medium-sized enterprises financing difficulty are from two aspects ： one is internal obstacle, namely, many SMEs lack of credit. Their property rights are indistinct. Compared with large-sized enterprises, SMEs＇ information is intransparent and asymmetric. Another is external obstacle which is from current finance system shown as lack of finance service system to support SMEs development. The key to solve the problems is to follow the law of SMEs growth and their financing cycle, to improve their financing capability, and to construct diversified and compound- developing finance service system, including, to establish the indirect financing system in which small and medium-sized private-owned banks play the main role, and to set up the multi-level direct financing system in which regional small capital markets play the key role.
出处
《吉林大学社会科学学报》
CSSCI
北大核心
2006年第1期149-155,共7页
Jilin University Journal Social Sciences Edition
基金
吉林省科技发展计划项目(20030624)
关键词
中小企业
直接融资
间接融资
融资体系
small and medium-sized enterprises
direct financing
indirect financing
financial servicesystem
