Since 2014
Analysis on Financing Difficulties for SMEs due to Asymmetric Information
Global Disclosure of Economics and Business
View Archive Info| Field | Value | |
| Title |
Analysis on Financing Difficulties for SMEs due to Asymmetric Information
|
|
| Creator |
Huang, Cheng
When, Ya Liu, Zhifei |
|
| Subject |
Small and medium enterprises; information asymmetry; adverse selection; moral hazard; financing strategies
|
|
| Description |
Financing is the bottleneck that restricting the development of China's small and medium enterprises. The root cause of financing difficulty for SMEs is the serious information asymmetry that exists between financial institutions, which lead to adverse selection and moral hazard. In this paper, financing theories of SMEs information dissymmetry and credit rationing theories are used to analyze the financing difficulties for SMEs and financing strategies to crack financing difficulty are proposed.JEL Classification Code: D82, G32 Handle: http://hdl.handle.net/20.500.11903/gdeb.v3n1.9
|
|
| Publisher |
i-Proclaim
|
|
| Contributor |
—
|
|
| Date |
2014-06-10
|
|
| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
|
| Format |
application/pdf
|
|
| Identifier |
http://i-proclaim.my/archive/index.php/gdeb/article/view/109
|
|
| Source |
Global Disclosure of Economics and Business; Vol 3, No 1 (2014): 5th Issue; 77-80
2307-9592 2305-9168 |
|
| Language |
eng
|
|
| Relation |
http://i-proclaim.my/archive/index.php/gdeb/article/view/109/108
|
|
| Rights |
Copyright (c) 2016 Cheng Huang, Ya When, Zhifei Liu
http://creativecommons.org/licenses/by-nc/4.0 |
|