建设中原经济区背景下中小企业融资风险实证分析与规避措施

融资风险是中小企业融资过程中普遍存在的问题,其主要来源有政策变化、利率变动、信息不对称、经营水平不高、资本结构不合理等。在建设中原经济区背景中,中小企业出现的过度负债、自身管理不善、以及商业银行的逆向选择问题会进一步放大融资过程中的风险。风险的存在会在一定程度上加大企业的融资成本、其利润受损、融资规模减少及制约中小企业的进一步发展。中小企业应通过优化资本结构、完善信用担保体系、密切关注相关利率变化及规范自身的经营等手段来降低这种风险,以促进中小企业能够在适度风险范围内更加健康的发展。

The Case Studying and Avoiding of Small and Medium-Sized Enterprises Financing Risk Problems under the Background of Constructing Central Economic Zone

Financial risk exists in the process of financing generally in small and medium-sized enterprises.Its main sources are policy change,interest rate changes,the asymmetric information,poor management,and the unreasonable capital structure,etc.In the context of central economic zone construction,small and medium-sized enterprises,the excessive debt;their own bad management,and the problem of adverse selection of commercial bank amplify the process of financing and financial risk.The existence of the risk in certain cases of financing cost increases the damage to profit,reduces the financing scale and restricts the further development of small and medium-sized enterprises.Small and medium-sized enterprises should optimize the capital structure,improve the credit guarantee system,pay close attention to related interest rate changes and regulate their own management methods to reduce this risk,to promote small and medium-sized enterprises and to control risk under a moderate range to obtain a better health development.