制度环境、国有产权与银行差别贷款

Institutional Environment,State Ownership and Lending Discrimination

本文具体考察了我国国有银行在对不同性质的公司发放长期贷款时是否存在着差别贷款,以及在不同的制度环境下,国有银行在发放长期贷款时的差别贷款行为是否有所不同。研究结果表明,相对民营上市公司,国有上市公司能获得更多的长期债务融资;进一步的研究发现,在政府干预程度比较低的地区以及金融发展水平比较高的地区,国有银行对不同性质公司的差别贷款行为有所减弱。这一研究成果不仅丰富了国内外学者对国有银行差别贷款行为的相关经验研究,而且有助于我们更加深入地理解导致国有银行差别贷款行为的制度根源。

This paper examines whether there is bank-lending discrimination among firms with different nature when they obtain long-term loans from state-owned banks in China,and whether the discrimination would change in different institutional environment.The empirical results show that,comparing with private listed companies;state-owned listed companies usually have more to long-term loans.And furthermore,the degree of bank lending discrimination among firms with different nature is weakness in the areas where the ...