【摘要】 网络联保信贷是一种中小企业融资新模式,其本质属于团体贷款。研究发现,无限连带责任和网络信息披露制度的引入实现了社会资本监督作用的最大化,有效减少了企业因"不愿"而导致的违约。本文通过对社会资本在网络联保信贷中的作用机制分析,建议企业选择合作伙伴时可较少考虑企业策略违约的概率,应主要关注投资项目的成功概率;尽量避免选择同行业或相关性高的企业,可减少因"不能"而导致的违约;此外,不管其他企业是否履行还款义务,只要企业自动还款就对其进行下期借款奖励,会进一步降低策略违约发生的概率。更多还原

【Abstract】 Network joint guarantee credit is essentially a kind of group lending;the introduction of network platform has maximized the supervisory role of social capital.It has the superiority of group game,horizontal monitor, information sharing,social punishment and so on.The result shows that network joint guarantee credit can reduce the willful default;the SMEs should pay more attention to the probability of success of investment projects to the probability of the willful default;avoid choosing the business that has strong correlation with themselves can reduce negative default that caused by the failure of the projects.In addition,to supply the SME more loans in condition that it has paid the loans without considering weather its partners has paid off the debt can reduce the probability of the willful default.更多还原