Research On The Financing Efficiency Of Small And Medium-sized Enterprises In Tianjin

Today,the market economy is booming,small and medium-sized enterprises have become an indispensable power for our economy.The level of activity in small and medium-sized enterprises has become an important indicator of a country's economic activity.In 2016,China State Council executive meeting suggested that small-scale enterprises in our country were the key land of innovation,a major platform for entrepreneurship and technology innovation.The total value of the product and services were created by accounts for 60%of our gross domestic product,taxes account for 55 percent of the country's tax revenues,it provided nearly 70%of urban jobs.In addition,the rapid development of small businesses in our country can also promote fierce competition in the market and accelerate the market integration process.The efficiency of our social resources is at the highest level.Tianjin has play direct-controlled municipality region an economic transformation.In Tianjin economic development,small and medium-sized enterprises are an extremely important force that is growing in the developing world.These problems are hampering the rapid development of small and medium-sized enterprises in Tianjin,it also has a bad impact on the BTH economy.In these issues,there are most likely to be financing efficiency.For small and medium-sized Tianjin from small and medium-sized cities,the problem of raising financing problems in small and medium-sized enterprises is imminent.To study the efficiency of small business financing in Tianjin,a study subjects to the listing of Tianjin-listed small companies,briefs its problems on financing and to verify the efficiency of small-business financing in Tianjin.This article is based on the foundation of corporate financing theory and efficiency theory,according to the situation in Tianjin small business financing efficiency.The fundamental reasons for the difficulty of financing small business financing in Tianjin,raises the financing efficiency in Tianjin in the form of recommendations.Before the empirical analysis,there was a lot of data on financing for small-market financing in Tianjin.We analyze the status of small-market companies in the market.In our country's entrepreneurial,medium-panel and the national stock-exchange system's the financial data of the listed companies registered in Tianjin,we develop the relevant funding efficiency analysis.Use the Data envelopment analysis method.Used the Data envelopment analysis method,from Tianjin listed small and medium-sized enterprise financing efficiency level,is analyzed from the scale effect,etc.At the end of the day,there was advice about the financing efficiency problems for small companies listed in Tianjin.There is a corresponding solution to the implications of funding and the legal protection system in the company's internal source financing and the legal protection system.