Research On Affiliated Relation Of Small Loan Company

The emergence of small loan company is inevitable, the development of small loan company is of great significance for expanding of corporate financing and promoting the growth of medium and small enterprises. Now the development of small loan company in China is still on its preliminary stage, the number of new establishment of small loan company is getting more and more, but due to lack of law and inadequacy of experience, there are still sorts of problems in the setting and operation of small loan company, among such problems, the most important one is the confirmation of the affiliated relation of small loan company. On the basis of the core meaning of the affiliated relation of small loan company's shareholders, and upon systematical analysis on the Company Law, Listing Rules and Accounting Standards of China, I will discuss the confirmation of affiliated relation of small loan company, so as to put up some beneficial proposals for the further development of small loan company.This paper consists of three chapters. Chapter I will firstly define the core concept and characteristics of small loan company, analyze the background and features of the emergence of small loan company and the significance of its existence and development. The main reasons for the emergence and development of small loan company are the difficulties of small enterprises in financing, the absence of bank's small loan and the irregularity of folk loans. Chapter II will indicate the meaning for discussing the affiliated relation of small loan company, and make analysis of the relative regulation of Company Law, Listing Rules and Accounting Standards on the affiliated relation. Chapter III will focus on the confirmation of the affiliated relation of small loan company, conduct fully discussion from the perspectives of confirmation methods and actual practices, and put up two proposals on the disadvantages of confirming the affiliated relation of small loan company according to the Listing Rules: firstly, confirming the affiliated relation of small loan company according to the Accounting Standards, secondly, loosening the restriction on the share ratio of main promoters and its affiliates.