摘要
该文以湖南怀化市为例,从小微企业基本情况、小微企业财务状况、小微企业融资环境等方面选取指标,构建多重选择logit模型,探讨对农村小微企业融资行为的影响因素。实证结果表明:农业生产行业的企业更偏向于内部融资,非农企业更偏向于外部融资;企业成立的时间越长,越容易获得外部资金支持;若拥有有效抵押品,企业则更愿意选择金融机构进行贷款或民间借贷;融资成本越高,企业越偏向于内部融资;能够获得金融信贷支持的企业更偏向于从金融机构获得资金支持。
With evidences from the rural areas in central plains, indicators are selected from enterprise basic situation, financial situation and financing environment. Then the paper builds logit model of multiple choice on the factors influencing the financing of rural small enterprises. The empirical results show that agricultural production companies prefer internal financing; while non--agricultural enterprises prefer external financing. The longer one enterprise was set up, the easier it gets external funding support. Also, enterprises with effective collateral are inclined to choose financial institutions of the collateral for loans or social lending.
出处
《上海经济研究》
CSSCI
北大核心
2017年第4期82-86,共5页
Shanghai Journal of Economics
基金
2014年湖南省社科规划办项目(项目批准号:14YBX011)资助
关键词
农村小微企业
融资行为
影响因素
多重logit选择模型
Small And Micro--Enterprises In Rural Areas
Financing Behavior
Influencing Factors
Logit Regression Model
