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Research On The Superiority Of Finance Leasing For Small And Medium-Sized Construction Enterprises

Posted on:2009-01-16Degree:MasterType:Thesis
Country:ChinaCandidate:P ZhangFull Text:PDF
GTID:2189360272986232Subject:Management Science and Engineering
Abstract/Summary:PDF Full Text Request
30 years after the reform and opening up, China's economy has experienced a transition from a planned economy to a market economy. Small and medium-sized enterprises take a good place in China's booming economic development, and the number of these enterprises has obviously increased. In the field of construction, small and medium-sized enterprises are making indispensable contribution to China's infrastructure construction by their own unique advantages.However, these small and medium-sized enterprises are small in scale, poor risk-control ability, and often feel difficult to obtain financial support from the financial market. Therefore, these small and medium-sized enterprises generally support their development only through its own slow accumulation of funds, which result in the cycle of slow development.The purpose of this paper is to compare different means of financing, to look for the most matched pattern for small and medium-sized construction enterprises according to their own characteristic. Firstly, this paper introduces the main model of several different means of financing; then form the research structure by means of Transaction Cost and Analytic Hierarchy Process. At last, this paper makes a conclusion by comparing different means of financing.The basic researching structure of this paper is "Concept– Patterns– Model - Comparison", innovatively based on small and medium-sized construction industry as a research background, systematically studies the superiorities by means of Transaction Cost Theory and Analytic Hierarchy Process.
Keywords/Search Tags:Finance Leasing, Small and Medium-Sized Construction Enterprises, Transaction Cost, Analytic Hierarchy Process
PDF Full Text Request
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