Ningbo Small And Medium-sized Enterprise Financing Difficulties In Study

Small and medium-sized enterprise financing difficult is widespread throughoutthe world. Because of the western developed countries financial system, financialmarkets and the laws and regulations have been relatively sound, ease the small andmedium-sized enterprise financing difficulties effectively. Compared to the worldNingbo in a special stage of development of economic system, financial support system,financial market, the imperfection of the laws and regulations and so on and improve,and including tens of thousands of small business, its reason is outstanding, thefinancing difficult problem is relative to the serious, has become the inhibition ofNingbo area small and medium-sized enterprise development the important barrier.Therefore, comprehensive and systematic study of Ningbo area small and medium-sizedenterprise financing difficult problem, to solve the financing difficulties, promotingsteady economic development has important theoretical significance and practicalsignificance.Based on asymmetric information theory, life cycle theory, a new optimal sequencefinancing theory and credit rationing theory as the instruction, take the macro and microanalysis, the combination of quantitative and qualitative analysis combining withspecification and empirical analysis method, combining to the status quo of the smalland medium-sized enterprise financing difficulties in Ningbo, influence factors andcountermeasures for comprehensive system research. Closely around Ningbo area smalland medium-sized enterprise financing difficulties, take the actual situation of Ningbocity as a starting point to expound the present situation and the financing difficulties ofsmall and medium-sized enterprises, analyzes the influence factors of small andmedium-sized enterprise financing difficulties in Ningbo, mainly divided into twocategories: external factors and internal factors. External factors include governmentmanagement does not reach the designated position and the lack of perfect small andmedium-sized enterprise financing system; Internal factors including enterprisemanagement backwardness, lack of good faith consciousness, lack of effective capital,distortion of accounting information and financial information is not transparent and so on. These factors have come from the government and enterprise’s own problems, andproblems from the financial sector. Through the analysis of these factors, and the goodway to solve the small and medium-sized enterprise financing difficulties at home andabroad for reference, and measures, combining with the actual situation of Ningbo areaand economic characteristics, and puts forward some constructive countermeasures andSuggestions, in order to enable small and medium-sized enterprises in Ningbo ease andthoroughly solve financing difficult problem, make small and medium-sized enterprisesin Ningbo area rapid sustainable development make a great contribution.This paper makes a creative exploration on two aspects: one is to make arealistic description of the definition of financing, and in-depth exploration of thisdefinition; the two is based on the actual situation of the conclusion of the empiricalanalysis and the Ningbo area, put forward in line with the small and medium-sizedenterprises in Ningbo area to solve some difficult financing policy recommendations.But it also exists the following shortcomings: one is because of my English level islimited, and properly handle the foreign literature review failed; two is the datacollection in the subjective and objective reasons, the data obtained are notcomprehensive and detailed.