Research Of The Financing Credit Assurance System Of Small And Medium Business Under The Information Asymmetry

Small and Medium Business (SMB) is a special huge business colony with strategic position in the economic and social development of the countries all over the world. On one hand, SMB is playing an irreplaceable role in creating GDP, increasing export, promoting employment and driving technology progress; On the other hand, a series of reasons such as the scope of the SMB is small, the overall level of labor productivity is not high, and the transparency of information is in a relatively low grade, cause an inferior position in keen competition with Big Business, which is particularly reflected by the problem of financing difficulty. The particularity of SMB is called " weak tendency of strong location " .On the view of Information Economics, the dissertation expatiates on basic economics principle that credit assurance is produced from, and draws a conclusion that " financing difficulty " is mainly caused by information asymmetry. On the basis of systematically annotating and referring to the foreign financing assurance theory and practice of SMB, and through the actual investigation on the credit assurance practice of SMB in our country, the dissertation further expounds the extant problems of credit assurance system of SMB in our country in view of real examples. Since credit assurance industry is a risky trade and the main risk comes from SMB, the dissertation analyses the source of the risk in chapter four, and structures the theory frame of the credit assurance system of SMB in our country. The viewpoint of the dissertation is that the most practical method for assurance organization to evade assurance risk is to take credit evaluation on each stage of SMB. A system of evaluation index of...