ON THE PROBLEM OF DIRECT FINANCING IN THE SMALL AND MEDIUM-SIZED ENTERPRISES
MU Zheng-she
Abstract
MU Zheng-she
Abstract
The small and medium-sized enterprises can not go into the public capital market for financing and satisfy its capital starvation and take the direct financing ways of the collecting capital,bond finacing,share financingand local people credit financing.But in their financing,there are the problems of the illegal financing,which assault the normal fiance order directly and harm the moving of social economy.
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The small and medium-sized enterprises can not go into the public capital market for financing and satisfy its capital starvation and take the direct financing ways of the collecting capital,bond finacing,share financingand local people credit financing.But in their financing,there are the problems of the illegal financing,which assault the normal fiance order directly and harm the moving of social economy.
Key concepts: Harm, Finance, Capital (architecture), Business, Order (exchange), Internal financing, Capital market, Information asymmetry