Research On Information Asymmetry In SMEs' Financing Decisions

The problem of information asymmetry is a major research topic in the field of information management,especially plays an important part in the research of the subject of the information economics.This dissertation takes the information asymmetry as the basic theory to study the problems and causes of the status quo of information asymmetry in the perspective of SMEs' financing decisions.From the internal information management of small and medium-sized enterprises and the management of external information platform,the reasons for the problem of information asymmetry in the financing of SMEs in China are discussed.Case analysis is used to illustrate the phenomenon of information asymmetry in the current market.Based on the theory of information asymmetry,this paper proposes solutions to avoid risk problems in the financing of SMEs.In the comprehensive analysis of the problem of information asymmetry in the financing process of China's economic market,the static game model under incomplete information are used,and a new approach to avoiding information asymmetry in China's SME financing is proposed.Finally,a comprehensive analysis is conducted to provide feasible suggestions and conclusions for the information asymmetry of SME financing decisions.