摘要
政治关联作为研究转轨制国家的重要内容受到国内外学者的重视,笔者基于中国深化经济体制改革和完善金融市场体系的政策背景,实证检验了在不同所有权结构的商业银行中,政治关联对于中小民营企业获取银行贷款的不同作用。研究发现,具有政治关联的中小民营企业有更大可能获取银行贷款,政治关联的作用在四大国有商业银行中最为显著,而在股份制商业银行和城市商业银行的作用则较为微弱。本文据此认为,鼓励金融体系的对内和对外开放,发展股份制商业银行和城市商业银行有利于中国的经济体制改革,实现市场在资源配置中的基础性作用。
Political connections as a research associated with transitional economies have been paid much at- tention from scholars. Based on the policy of deepening the economic reform and improving the financial market system, this paper examines how political connections affect private firms to obtain bank loans with a sample of non- listed small and medium private firms in different ownerships of commercial bank. The empirical results show that the small and medium private firms with political connections are more likely to obtain the bank loans, and the in- fluence is strong in four state-owned banks; however, the influence is weak in joint-stock banks and city commer- cial bank. To realize economic reform, this paper proposes that we must encourage the open up of the financial sys- tem and develop the joint-stock banks and city commercial banks.
出处
《中央财经大学学报》
CSSCI
北大核心
2014年第2期51-57,共7页
Journal of Central University of Finance & Economics
基金
国家社会科学基金资助项目"家族企业传承的动因和经济后果研究"(12CGL032)
国家自然科学基金项目"区域差异视角下我国农村金融体系构建研究"(71273020)
关键词
经济改革
政治关联
民营企业
国有银行
股份制银行
Economic reform Political connections Private firms State-owned banks Joint-stock banks
