Relationship Between Financing Channels And Corporate Governance Of Small And Medium-sized Logistics Companies

Small and medium enterprises as the basis for a country’s economy is an important part of the national economy, even in today’s Europe, the United States, Japan and other developed countries, small and medium enterprises still plays an essential role in the development of the economy. The logistics industry is the tie of the various sectors of the national economy, the level of modernization of the logistics industry is an important indicator of a country’s level of economic development. In China, SMEs face difficulties in financing in general, special for Small and medium‐sized logistics enterprises. Because it belongs to the service industry, the vast majority of enterprises are asset‐light oriented enterprises, the majority of the assets owned by the special equipment. In enterprise mortgage loans, these cause asset‐backed rate low, resulting in a more difficult financing of small and medium‐sized logistics enterprise. Generally speaking, the government, the social and financial institutions are looking for the Solution from macroeconomic policy, financial systems about the financing problem of SMEs. Rarely, people solve the financing problems of SMEs by exploring the relationship between SMEs financing and corporate governance.Start from the relationship between small and medium‐sized logistics enterprises financing channels and corporate governance, improve corporate governance is an important way to get rid of small and medium‐sized logistics enterprises financing difficulties. This paper analyzes the relationship between small and medium‐sized logistics company financing channels and corporate governance, in particular the relationship of the bank loans and corporate governance. Pointed out that corporate governance is significant on expanding the scale of financing, reducing financing costs. In turn, changes in the financing channels will also affect the level of corporate governance. We recommend that small and medium‐sized logistics enterprises need to enhance the financing capacity by raising the level of their own governance. The discovery is very important that not only to improve the financing environment for small and medium‐sized logistics enterprises, but also to improve the overall financing environment for SMEs.The innovation of this paper contains the following. Firstly, get the corporate governance and financing status data of Small and medium‐sized logistics enterprises from first‐hand market research report. Secondly, Using SPSS13.0tools, to do correlation analysis of the survey data of small and medium‐sized logistics enterprises, and got the linear relationship between loan factor and governance factor through multiple regression analysis. Thirdly, through comparative analysis, it indicated that there is also the reverse effect relationship between the two sides.