Title: The Empirical Study of Performance of Chinese Small and Medium Enterprises Financing Condition
Abstract: With a sample of 30 firms listed in Shenzhen Stock Exchange during the period of 1998-2002, this paper compares the financing conditions of Chinese small and medium enterprises ( SMEs ) with large ones. Results show that Chinese SMEs' fa ce with institutional restrictions in financing. What inferred is a close relati on between a financing shortage in SMEs and the relevant institutions in practic e, and the SMEs' desire for reform in indirect financing institutions.
Publication Year: 2005
Publication Date: 2005-01-01
Language: en
Type: article
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