摘要
采用嵌入式多案例研究方法,以3家互联网电商平台企业以及与其合作的商业银行为例,从信息获取、结构要求和流程控制等方面,探究供应链金融和传统银行借贷对中小企业融资绩效影响的差异。研究发现,相对于传统银行借贷而言,供应链金融通过获取交易信息和交易信用,利用关系嵌入与业务闭合,采取贷后结果控制和过程控制相结合等手段,能够有效降低事前与事后的信息不对称,从而提高中小企业融资可得性,降低融资成本,最终提升其融资绩效。
Adopting comparative multiple-case study method, this study explored different effects of information acquisition, network structure and process control of three e-commerce companies and corresponding commercial banks on SMEs＇ financing performance. Compared with the traditional bank lending, the study found that acquisition of transaction information and business credit, the closed loop business and relational embeddedness, and the combination of outcome control and behav- ioral control in SCF can better reduce the ex-ante and ex-post information asymmetry and financing cost, and thus improve SMEs＇ access to financing and improving SMEs＇ financing performance.
出处
《管理学报》
CSSCI
北大核心
2017年第6期897-907,共11页
Chinese Journal of Management
基金
国家自然科学基金资助重点项目(71232011)
国家自然科学基金资助项目(71272155)
关键词
供应链金融
融资绩效
电商平台
商业银行
supply chain finance
financing efficiency
e-commerce companies
commercial banks
