基于logistic模型的农村小微企业信贷融资制约因素分析

Analysis on credit financing constraints of rural small and micro enterprises based on multivariate logistic model:an empirical study with 134 small and micro enterprises

利用湖南三县的134家农村小微企业的调查数据,运用Logistic模型实证分析了企业基本特征、企业财务状况及社会宏观因素对企业获得正规金融信贷支持的影响。研究发现,企业固定资产、企业信用等级、企业净利润、当地金融支持力度、银企关系程度、区域经济发展水平等6因素对企业获得信贷支持具有正向影响,企业营业收入对企业获得信贷支持具有负向影响,是否为家族企业、企业成立时间对企业获得信贷支持没有明显影响。研究结果对于提升农村小微企业自身实力,优化小微企业发展环境具有重要现实意义。

The essential features of small and micro enterprises, enterprise’s financial situation and effects of social macro factors to enterprise access to formal financial credit support were analyzed by using the survey data of questionnaires from 134 rural small and micro businesses in Hunan province and by applying multivariate logistic model. The survey indicates that 6 factors including enterprise’s fixed assets, credit rating, net profit, local financial support, bank-enterprise relationship and development level of region economy had positive effects on enterprise’s access to credit support;while the enterprise’s operating income had a negative effect on that, and whether or not to be family firm, long or short of enterprise developing history did not affect on that conspicuously. The research conclusions have great significance for enhancing rural small and micro enterprise strength, improving the management and service quality of the financial institutions and optimizing the small and micro enterprise’s development environment.