Will Banking Structure Affect The SME Financing

SMEs have become the main force driving China’s economic development,but the survival and development of SMEs have always faced enormous challenges Among them,the difficulty of financing has become the biggest killer.As the main external financing channel for SMEs,bank credit has an important impact on the financing ability of SMEs.At present,scholars have done a lot of research on the relationship between the banking structure and the financing ability of SMEs However,with the continuous improvement of the credit system and guarantee system,the government supervision is constantly regulated,the commercial credit environment is continuously optimized,and the relationship between banking structure and the financing capacity of SMEs may also changed,and few research take into account the external environment.The purpose of this paper is to examine the impact of banking structure on the financing capacity of SMEs through a stratified linear modelBased on the analysis of existing domestic and foreign literatures,this paper analyzes the impact mechanism of banking structure on SME financing and proposes relevant assumptions.Then based on the wind database and the annual bank reports,select 4,500 sets of enterprise data from 2013 to 2017 and 150 sets of data from 30 provinces,and use the hierarchical linear model to examine the impact of firm size and banking structure on the financing ability of SMEs,and introduce commercial credit environment variables,whether the impact will change under different commercial credit environments.The research finds:(1)The larger the enterprise scale,the more dispersed the banking structure and the stronger the financing ability of the enterprise,but the degree of influence is weakened with the improvement of the commercial credit environment;(2)The competitive banking structure can reduce the impact of corporate size on corporate financing capabilities;(3)The commercial credit environment has a lagging adjustment effect on the scale of enterprises and the ability of enterprises to finance.This study has important significant reference for how to improve the financing ability of SMEs.