| Small and medium-sized enterprises are the most important foundation of our national economy,which play a key role in the social employment.However,development of SMEs in China is seriously restricted by fund scarcity along with financing difficulty.With the development of the capital market in China,especially the NEEQ market,the SMEs financing difficulty will be relieved.More and more SMEs could get money from the NEEQ market,because the purpose of the market was solving the problem of financing difficulty.The NEEQ is an OTC market,it is different from A-share market,because the SMEs couldn't IPO,they should take Private Placement.So,it is easier to list the NEEQ market for SMEs than the A-share market.By the DEC.31 2017,there had been more than 11000 SMEs listed on this market.In order to relieve the problem of SMEs financing difficulty,this paper will work on doing the research on the effect of SMEs financing in the NEEQ market.This paper will be divided into 5 parts.At the first,the chapter introduces the research background,the significance of the framework and methods.In addition,the literature reviews will also be introduced in this chapter.The second part is about basic theory of financing and introduction of the general situation of the NEEQ.The third part is empirical analysis part,in this part,related data will be adopted for SMEs financing effect by regression analysis.The fourth part is case analysis,X company's financing data in the NEEQ market will be researched to prove the effect of financing.The last part is summary and recommendations,all conclusions and suggestions will be drawn. |
