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Assessing the Financial Support System for SME

机译:评估中小企业财务支持系统

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This paper builds a structural equation model to explore the main restrictions on the performance of the financial support system (FSS) for small-and medium-sized enterprises (SMEs) based on a survey in Zhejiang province,China.Unlike some literatures suggested that the Chinese government hampered and messed the effective financing of SMEs due to its improper administrative intervention,our results show that the government,compared to other types of agents involved,has played the most important role in comprising a structurally sound FSS,and has played a positive role in improving the performance of the FSS.As the direct beneficiaries of the FSS,SMEs have been less recognized than they deserve to be for their external financing ability.
机译:本文基于浙江省的一项调查,建立了一个结构方程模型,以探索对中小企业财务支持系统(FSS)绩效的主要限制。中国政府由于其不当的行政干预而阻碍和破坏了中小企业的有效融资,我们的结果表明,与其他类型的代理商相比,政府在构成结构合理的金融服务体系中发挥了最重要的作用,并发挥了积极作用。作为FSS的直接受益者,中小企业由于其外部融资能力而受到的认可比他们应得的少。

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