【摘要】 文章在对江苏省250家小微企业详细调查的基础上,筛选了其中177家企业作为样本研究江苏小微企业融资问题。通过构建结构方程模型,实证分析银行、政府政策、小微企业自身和担保机构服务对小微企业融资行为的影响。研究结果表明,政府的政策支持是改善小微企业融资约束最有效渠道,银行金融服务、担保机构参与也都会显著影响小微企业的融资行为。而小微企业由于自身的弱质性,对其融资的影响并不显著。在此基础上,从政府、银行等金融机构、担保机构和小微企业四个方面给出了相应的对策建议。更多还原

【Abstract】 On the basis of 250 questionnaires from small and micro enterprises(SMEs) in Jiangsu province, this paper selects 177 SEMsas the samples to explore the financing problems of SMEs. And then the paper empirically investigates how the banks, government poli-cies, SMEs and the credit guarantee institutions(CGIs) affect SMEs financing behaviors. The results show that the support of governmentpolicies is a valid way of improving financing constrains of SMEs. Financial services of banks and the participation of CGIs also have sig-nificant effects on the financing behaviors of SMEs. At the same time, SMEs have little impact on their financing behaviors due to theirown defects. Based on these results, the paper puts forward some corresponding countermeasures and suggestions from the four perspec-tives of governments, financial institutions, guarantee institutions and SMEs.更多还原