Financial Institutional Solution To The Rupture Of The Capital Chain Of Small And Medium Sized Enterprises

The rupture of capital chain is very important that regulate the development of small and medium sized enterprises (SEMS). The major area of the capital chain management of SEMS is how to establish early warning model and increase fund supply by support from government or financial institutions. There are few systematic researches on the institutional reasons about the frequent rupture of the rupture of the capital chain of SEMS. From financial institutional angle, this paper seeks to explore institutional path of the rupture of the capital chain of SEMS, which compensates for current researches that neglects institutional cause of rupture of capital chain, and support the studies on fundamental solution to rupture of capital chain.Methods adopted in this article include spot investigation and questionnaires. This paper builds model of CFA in AMOS to verify influence path of institutional availability from three dimensions of financial institutional design, concept of financial safety and implementation mechanism of financial institution. The results show that financial institutional design has a marked impact on financial institutional availability through frequency of financial institutional revision, clarity of boundary of rights and responsibilities, involvement of employee in institutional design of salary; concept of financial safety has a marked impact on financial institutional availability through acceptance of institution, attention from management, understanding of rigid; implementation mechanism of financial institution has a marked impact on financial institutional availability by self-strengthening system, oversight system and punishing system.Recommendations are given as follows based on theoretical and empirical analysis:(1) Perfecting implementation mechanism of financial institution, reducing the number of optionally execute of institution by tough punishment mechanism; (2) Perfecting financial institutional design mechanism with participation of everyone and clarify the margin between rights and responsibilities; (3) better training about institution, strengthening financial safety consciousness, building up propaganda of rigid institution, improving managers’ attention to financial system.