Private-owned Smes Folk Financing Risk Prevention Of Institutions Cite XX For Instance

In the deepening of the reform and opening up, along with our country privately operated small and medium-sized enterprises. But in recent years, private small and medium-sized enterprises due to the asymmetric information is hard to get the state-owned financial institutions, financial support, the folk financing for its simple procedures, the advantages of flexible in the development of small and medium-sized private enterprises play an important role in make up for the money; At the same time because of the blindness of folk financing itself, concealment, is not normative, high interest rates and regulation, also let the financial risk of the enterprise expands unceasingly, many in the folk financing small and medium-sized private enterprises ignore the risk, eventually led to the enterprise’s capital chain rupture, lending crisis. Especially in 2011, wenzhou lending crisis happened further highlights the folk financing risk. We have to in-depth analysis of the folk financing risks, to take effective preventive measures. In this paper, the problem of folk financing small and medium-sized private enterprises in our country has carried on the thorough analysis, detailed elaborated the folk financing problems of external environment and internal supervision, and take the XX group(credit crisis caused by the folk financing of private small and medium-sized enterprises(smes) as a case study, analysis of folk financing problems, put forward the corresponding measures to prevent the folk financing risk. Elaborates the article is divided into seven parts: the first part, introduction. Outlined in this paper, the research background and purpose and significance, briefly explain institute of technology and method in this paper. The second part, the literature review. This part first of all, from the aspects of concept, way of financing will classify the folk financing theory and literature at home and abroad, then briefly reviewed the relevant research results, and points out its shortcomings. The third part, the folk finance related theory. This part firstly for folk finance related concepts such as information asymmetry and adverse selection theory are expounded. The fourth part, the analysis of the present situation in our country folk financing. This part to our country folk financing ways and characteristics are expounded and analyzed, further, this paper emphatically analyzes the private small and medium-sized private enterprises financing risks. The fifth part, case analysis. With XX group as the research object, this part first elaborated the XX group of folk financing situation, and then analyzes the XX group folk financing problems, and finally carries on the analysis summary, reveals the enlightenment of the case brings to us. The sixth part, conclusion and suggestion. Based on the theoretical analysis and case studies in the above, this part respectively from the Angle of the government and the enterprise itself, relevant Suggestions are put forward for the standardization of the mode of the folk financing. In this paper, the main contributions are as follows: first of all, this research will focus on the private small and medium-sized private enterprises financing risk and protection measures, the study more specific, and previous studies is the study of the importance and feasibility of folk financing; Secondly, this paper in-depth study of a typical folk financing small and medium-sized private enterprises, has an important realistic significance to the operation of other folk financing; Finally, aiming at the existence of private small and medium-sized private enterprises financing risk, risk prevention measures and Suggestions proposed in this paper, with strong operability.