| Along with capital market has been continuously enriched and improved, manybusinesses and individuals to gradually realize the importance of credit in the business,the theory of credit capital of research and practice in credit as" capital", namely, beingable to work with money capital, material capital and human capital as importantresources gradually gets people pay attention to. From transaction cost perspective, thecredit capital is the elaboration of social division of labor, professional level is deepenedceaselessly, resource utilization rate rises ceaselessly inevitable product, is theendogenous transaction cost and exogenous transaction cost is the inevitable result ofdecline. Whether from the political or economic point of view, credit capital relatedproblem research has been the attention of academic group, but because of itsspecificity, and little development, most experts and scholars are from the qualitativetheory of credit capital and the roles of.But as a result of this capital intangible and establish a persistent, often be ignoredby enterprises. China promulgated a series of documents according to enterprise’s creditconstruction, but from a social comment and investigation of the situation, is still notideal. Credit policy, credit market and public credit problems emerge in an endlessstream, these problems should be theoretical circles and enterprises attach greatimportance to.In the country a series of policy support, the majority of private enterprise’s hardwork, private enterprises from scratch, from weak to strong, from "gleaning fill avacancy" to "main component", develop gradually rise. Today, the proportion of privateenterprises continuously improve, the private economy has become China’s economicgrowth point. But what cannot ignore is, private enterprise credit problems broughtabout by the private enterprise prestige reduce, have prevented the enterprise level,affect its development speed, to private business interests and development of damageand crisis.Private enterprises break caused by many reasons, by the external environmentalfactors, but also their own responsibility. While the latter is the lack of good faith, in themost fundamental reason. The majority of private enterprises to achieve rapiddevelopment, enterprise credit value, strengthen good faith construction is a pressingmatter of the moment.Taking the credit main body, namely the enterprise perspective, to the credit ofcapital theory as the research foundation, absorb the transaction cost theory, and related economic theory, based on the credit capital of the enterprise value has positivestimulative effect; applied economics, theory of value, scientific theory of knowledge,theoretical research and empirical research the combination of enterprises, credit capitalmeasure undertook exploration, and from the data to explore whether its and enterprisevalue has consistency, while the use of qualitative analysis and quantitative analysismethod. First of all, the theory as a foundation, the enterprise credit capital of theenterprise value of correlation analysis theory foundation. Secondly, to the statisticalfactor analysis and cluster analysis as the main method of analysis, to our country theShenzhen private listed companies as samples, selecting2009-2010annual data,quantitative analysis, the conclusion is nearly80%enterprises in the credit capital of themagnitude of value on the classification and the classification is the basic of enterprisevalue consistent, from a certain extent explained the enterprise credit capital of theenterprise value of the positive role. |
