Analysis of the Factors Influencing the Financing Efficiency of SMEs

Based on the Empirical Study of 60 Shandong SMEs Listed on the SME Board

DOI

10.2991/assehr.k.211209.231How to use a DOI?

Keywords

small and medium-sized enterprises; financing efficiency; multiple linear regression; empirical research

Abstract

Small and medium-sized enterprises are important parts of the national economy, but the problem of “financing difficulties” greatly restricts their. This article summarizes the financing status of SMEs and influencing factors, combined with the 2017-2020 data of 60 small and medium-sized enterprises listed on the SME board in Shandong Province, and uses econometric methods to conduct empirical analysis on the factors affecting the financing efficiency of small and medium-sized enterprises. It concludes that the size of the enterprise, the profitability of the enterprise, the growth of the enterprise, the solvency of the enterprise and its market competitiveness are the significant factors that affect the financing of SMEs in Shandong. In response to this problem, corresponding feasible improvement suggestions put forward in the enterprises themselves, financial institutions, and the government.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Yafei Zhang
PY  - 2021
DA  - 2021/12/15
TI  - Analysis of the Factors Influencing the Financing Efficiency of SMEs
BT  - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
PB  - Atlantis Press
SP  - 1419
EP  - 1423
SN  - 2352-5428
UR  - https://doi.org/10.2991/assehr.k.211209.231
DO  - 10.2991/assehr.k.211209.231
ID  - Zhang2021
ER  -