| Why a lot of small and medium-sized enterprises are always like a flash in the pan in the economic market?The main reason is the poor financing which makes them difficult to sustain their own production and business operation.The difficulties for small and medium-sized enterprises to finance have become one of the biggest barriers in their sustainable and stead development.Supply chain finance as a new method of financing model,provides a new path to solve the financial difficulties for small and medium-sized enterprises.Supply chain finance based on the real economy of supply chain,providing a range of finance products on the relationship between the upstream and downstream of supply chain,which can not only reduce the problem of small and medium-sized enterprises to finance,but also broaden the financing business of commercial Banks.This paper gives an analysis to the actuality of the small and medium-sized enterprises financing problems,which explains that financing difficulties have seriously affected the sustainable and stead development of small and medium-sized enterprises.By discussing the reasons,it is concluded that the fact information asymmetry is the main cause of small and medium-sized enterprise financing problems,and then the value of Supply chain finance,which as a new method of financing model,is proved.Using the game theory,we establish bank-enterprise game model in the traditional model and supply chain model,which further illustrates the advantages of supply chain model.Then,we establish signal transmission model from the angle of enterprises,and contract-design model from the angle of banks,which provide the countermeasures and suggestions to solve the adverse selection in supply chain financing model.Finally,based on the reality of economic development,we put forward a series of beneficial advice to solve the problem of small and medium-sized enterprises of information asymmetry caused by adverse selection problem. |
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