征信机制、信用信息与信贷约束 ——基于中小企业板上市公司的实证

本文从理论上阐述了征信机制缓解信息不对称，降低企业融资成本，提高信贷可 获得性的作用机理，并以中小企业板上市公司为研究对象，实证检验了企业基本信息、财务信 息、商业信用信息等各类信用信息对中小企业信贷规模和融资成本的影响。实证研究发现：中 小企业基本信息对信贷可获得性的影响存在异质性，对信贷规模影响不显著。企业财务信息、 商业信用信息与贷款可获得性、贷款规模、融资成本支出显著正相关。

Credit Reporting Mechanism, Credit Information and Credit Constraint-An Empirical Study on Listed Companies from SME Board

(2) The scale of green credit in China''s financial institutions has been increasing, but the proportion of green credit in the four biggest banks is less than 10%, which is still at the initial stage of green finance development. (3) Hainan, Qinghai and Ningxia have the characteristics of low environmental level, low technical level and low economic level, which reflects that the development level of green finance is low. While Jiangsu, Zhejiang and Guangdong have the characteristics of middle environmental level, high technology level and high economic level, which reflects that the green finance development level is higher.