Analysis On The Medium And Small-sized Enterprises' Financing Gap In Our Country Based On Credit Rationing

The medium and small-sized enterprises' financing is an very important part in their development.The characteristics of the medium and small-sized enterprises make bank credit the main way to finance outside.The key problem of the medium and small-sized enterprises is financing,mainly displayed by the credit and financing gap,therefore,to study the medium and small-sized enterprises' credit and financing gap under the bank credit admeasurement system is of paramount importance to the medium and small-sized enterprises' financing deficiency and developmet.In this paper,we studied the financing deficiency from credit rating's point of view and chose China's economic system reform as the setting.We also studied the affection of bank credit admeasurement on small-sized enterprises' financing deficiency.,then we gave some suggestions on how to perfect the medium and small-sized enterprises' credit admeasurement so as to solve the problem of financing.We began with the main theory of credit admeasurement,discussed the financing behavior and deficiency of the medium and small-sized enterprises.We studied the credit and financing gap under asymmetry information,government intervention and bank monolopy.After that,we gave some suggestions on releasing medium and small-sized enterprises' credit rating from the point of perfecting structure,standardizing accounting scheme & financing management scheme,setting an example of honest,building up and perfecting multistrata medium and small-sized enterprises' financing service system,boosting up general power,taking on the appearance of faithfulness,developing financial innovation and giving public services. Innovation:this paper chose the China's economic system reform as the setting,and studied the medium and small-sized enterprises' financing gap from credit rating's point of view.We used the S-W model and financing game model to analyze the formation of medium and small-sized enterprises' financing gap in our country.Besides,we used the general data and special origins' data to analyze the financing of medium and small-sized enterprises.We concluded that,our country's medium and small-sized enterprises really had.the financing gap.Then based on our country's realistic,we gave some suggestions from enterprise,bank, financing institution and government's point of view.