An Analysis Of Mutual Loan-Guarantee Formation Mechanism For Small Businesses Based On Social Capital

The Small businesses are playing a very important role in our country with economic development, but it’s a lasting problem that Small business finances restrict their development. The main reasons for finance difficulty of Small businesses are:the pledge assets insufficiency, the credit flaw, the information between the bank and business is asymmetrical and so on. Through the research discovery, mutual loan-guarantee financing may alleviate Small businesses’financing difficult effectively.The mutual loan-guarantee takes the beneficial attempt for Small business financing, and has expanded Small businesses’financing channel. But in our country’s practice process, the mutual loan-guarantee had many problems, For example, the mutual loan-guarantee participation enterprise are few, the financial organ participation enthusiasm is not high, the mechanism of risk sharing is not perfectly, the government is unsuitable intervening and so on, these all caused mutual loan-guarantee of Small business in our country developed slowly. Economical scholars of our country have already affected the mutual loan-guarantee from the different angles of the factor to conduct the research, thus to improve the Small business mutual loan-guarantee and give many improvement comments. But through combing the related literature, I discovered that very little has the scholar to study the mutual loan-guarantee from the social capital angle.Social capital’s concept involves the economic, the politics, the management science and so on many domains. In the economic domain, the enterprise social capital mainly refers to enterprise’s specific relational network as well as inlays in this network the relational resources and mobilization resources ability, the network is the foundation of enterprise social capital. Enterprise social capital main manifestation for example:Enterprise and government’s relation, enterprise and bank relation, enterprise and upstream and downstream enterprise’s relations, enterprise’s prestige and prestige, enterprise, in the colony organizes the cultural base and the behavior standards and so on. This article studies the subject matter above of social capital that how to influence the mutual loan-guarantee. This article firstly introduces that our country Small business’s social capital and the mutual loan-guarantee present situation, then through the establishment dynamic gambling model, studies the social capital factors that have affected the Small businesses mutual loan-guarantee. For ease of the research, this article divides the Small business into the high risk enterprise and the low venture enterprise to study separately. Finally draws the conclusion: Regarding the Small business, in the mutual loan-guarantee organization’s low venture enterprise quantity, the government to Small business’s support dynamics, the bank participates in the cooperation guarantee in the enthusiasm, the cooperation guarantee system and the standard as well as enterprise’s credit level and so on have affected the Small business whether to participate in the cooperation guarantee organization, simultaneously also affected the mutual loan-guarantee whether to admit this enterprise’s joining.That is, enterprise’s social capital has had the immediate influence to the cooperation guarantee’s forming process.In draws the conclusion in the foundation, do I from raise the enterprise credit level, the expansion enterprise network, how the standard cooperation guarantee system separately and strengthen exterior supervise several aspects to enhance the enterprise social capital, thus consolidated and the perfect Small business’s cooperation guarantee financing pattern proposes the rationalization proposal. Finally this article unifies Italy’s cooperation guarantee configuration of organization, to improve the mutual guarantee financing pattern to propose the preliminary conception.