中小企业在推动对外贸易、缓解就业压力、促进国民经济增长方面发挥着不

可替代的作用。目前未见专门针对中小企业融资金额影响因素研究的报道。厦门

市中小企业融资金额影响因素的实证研究对中小企业、银行、政府决策都具有重

要意义。

本文阐述了厦门市中小企业融资现状:银行贷款是融资的主要形式;抵押和

担保融资是中小企业获得银行融资的主要形式;内源融资为主、外源融资不高。

通过分析,获知厦门市中小企业融资存在问题为:不同企业的融资满足率不平衡;

融资成本较高等。针对这些问题,本文提出如下对策:推行多元化的融资担保方

式、拓宽内源融资渠道、增强外源融资能力、提高中小企业融资满足率、降低融

资成本等。

在文献综述和理论分析的基础上,本文假设了中小企业融资金额影响因素及

其变量,然后按照这些变量设计问卷,对厦门市中小企业进行问卷调查,并且对

问卷调查数据进行描述性统计分析。通过对问卷调查数据的计量分析,发现影响

中小企业融资金额的显著性变量为:管理者任现职年限、资产总额、股东权益报

酬率。根据计量分析结果,本文提出如下对策:招聘任职年限较长的管理者、提

高资产总额、设法提高股东权益报酬率。

关键词:中小企业;融资金额;管理者任现职年限;资产总额;股

东权益报酬率

福建农林大学专业硕士学位论文

Abstract

SMES has played an irreplaceable role in promoting foreign trade, easing the

employment pressure and promoting national economic growth. Currently, there

are no repotes specifically for the influencing factors of financing amount of small

and medium-sized enterprises. Thus, an empirical study on the influencing factors

of financing amount of SMES has a vital significance for the decisions of SMES,

banks and government.

This paper describes the financing status of SMES in Xiamen city: bank loans

are the main form of financing; mortgage and secured financing are the main

forms for SMES to access to bank financing; internal financing is the main

channel and external financing is not high. By analyzing, learning the financing

problems that Xiamen SMES are faced with: financing satisfaction in different

enterprises is unbalanced; financing costs are relatively high. To solve these

problems, this paper proposes the following measures: implementing diversified

financing guarantee mode; widening internal financing channels; enhancing

external financing capacity; improving financing satisfaction of SMES;

government should pay attention to the financial support and finance services;

banks should provide loan support for high quality SMES.

Based on the literature review and theoretical analysis, this article assumes

factors and variables that affect SMES' financing amount. According to these

variables, we design the questionnaire and conduct a questionnaire survey on

SMES in Xiamen City. Then, this paper mdces descriptive statistical analysis on

the questionnaire data. Through econometric analysis of the questionnaire data,

this paper finds the significant variables that affect the financing amount of SMES:

manager tenure; total assets; rate of return on equity. According to the results of

econometric analysis, this paper proposes the following measures: recruiting the

administrators who have 狂 longer tenure; improving total assets; trying to improve

the rate of return on equity.

Key words: Small and Medium-sized Enterprises; Financing Amount;

Manager Tenure; Total Assets; Rate of Return on Equity