摘要
本文以中国上市公司2003-2008年的数据为样本,实证研究了公司财务风险对银行信贷决策的影响,并进一步分析了在不同金融生态环境下财务风险对银行信贷决策的影响是否存在差异。研究结论表明,银行能够有效识别公司的财务风险并据以做出正确的信贷决策,并且良好的金融生态环境有助于提升银行对财务风险不可控公司的信贷决策效率,但是其在提升银行对财务风险可控公司的信贷效率方面作用并不显著。
This paper empirically studies the impact of financial risk on bank credit decision,and further analyses the impact of financial ecological environment on the above mentioned impact,using a sample of Chinese listed firms for the period 2003-2008.The results indicate that banks are able to efficiently identify the financial risk of the corporations and make the right decisions.Otherwise,the better financial ecological environment can contribute to improve the efficiencies of bank credit decision on the companies whose financial risk isn't controllable,but it can't improve the efficiencies of bank credit decision on the companies whose financial risk is controllable.
出处
《中南财经政法大学学报》
CSSCI
北大核心
2010年第6期71-76,共6页
Journal of Zhongnan University of Economics and Law
基金
中南财经政法大学研究生教育创新资助项目"财务治理
财务风险与投资者利益保护--金融危机背景下的创新性研究"
关键词
财务风险
银行信贷
金融生态环境
Financial Risk
Bank Credit Decision
Financial Ecological Environment
