Analysis On The Influence Factors Of Regional Enterprise Credit Status

Good regional credit environment and market order is the cornerstone of the healthy development of regional economy, it is also the important guarantee for the normal operation of regional enterprises. However, due to the imbalance of economic development, lack of recognition of the importance of strengthening the construction of credit system in various regions, the lack of necessary institutional constraints and budget constraints, resulting in the regional enterprise credit market in the common moral hazard and default behavior, greatly increased the transaction costs of the credit, resulting in a serious shortage of credit and market economic order, which restricts the healthy and sustainable development of regional economy. To build a good credit status of regional enterprises is helpful to the healthy development of enterprises in the region, and the market economy is the credit economy. It is an important step to solve the problem of regional enterprise's trust and to improve the credit level of regional enterprises.In this paper, the data of the provincial and prefecture level cities in China are studied, based on the city commercial credit environment index(CEI), The influencing factors of the credit environment of regional enterprises conducted in-depth research.The first part, this paper explores the connotation of credit, enterprise credit and credit environment. The second part, combined with domestic and foreign research, from the regional economic development factors, the regional enterprise benefit factor, the regional government supervision factor, the regional population development factor, the regional culture factor, the regional science and technology progress 6 factor aspects the influence mechanism of the regional enterprise credit environment has carried on the thorough analysis, and put forward the theoretical hypothesis. The third part, 269 cities in China as the research object for empirical analysis. First, the factor analysis method is used to determine the influence factors of the regional enterprise credit status; Secondly, the relationship between the credit status of regional enterprises and the factors affecting the credit status of enterprises in the area of regional enterprises by using the correlation test and the Grainger causality test; Finally, a multiple regression linear model is established, and the influence factors on the credit status of the regional enterprises are estimated, and the relevant conclusions are drawn. The fourth part, the results of empirical analysis, drawing on the existing achievements at home and abroad, put forward to improve the regional business credit level corresponding countermeasures and suggestions.