中小企业融资困局的经济法对策

Countermeasures of Economic Law to Financing Predicament of Small and Medium Enterprises

直接融资适合于具有较高成长性的高新技术企业,而众多劳动密集性中小企业由于自身性质形成的信息不对称也难以成为银行等金融机构间接融资的对象。中小企业的融资困局是市场缺陷造成的,政府干预是弥补市场缺陷的主要方式,政府在解决中小企业融资困局中所形成的经济关系是经济法的调整对象。在借助"政府—社会中间层—市场"三元框架分析政府、与中小企业融资有关的社会中间层和中小企业的定位的基础上,应从经济法的主体角度进行相关的制度设计,探索长效机制解决中小企业的融资困局。

Direct financing is suitable for the high-tech enterprises and many labor-intensive small and medium enterprises have dif- ficulties in becoming the object of indirect financing of banks and other financial institutions because of the asymmetric in- formation. Financing predicament of small and medium enterprises caused by market defects and government intervention makes up for market defects. The relations among the government and small and medium enterprises and banks are the adjustment target of economic law. The associated system should be designed from the persons in economic law to explore long-term mechanism to solve the financing predicament of the small and medium enterprises.